Capacity Market
The Analysis Group told NYISO stakeholders it did not recommend any major changes to the annual process for updating the ISO’s gross cost of new entry for generators.
A spike in PJM capacity prices and generator deactivations could increase monthly costs in Maryland by as much as 24% for some.
NYISO staff presented tariff revisions that may be deployed as early as Q1 of 2026 to account for the uncertainty of wind and solar energy forecasts.
PJM proposes tightening "know your customer" rules, which require members to provide information to facilitate the due diligence PJM conducts on key decision-making leadership.
PJM has decided not to refile several components of its proposed capacity market redesign that was rejected by FERC in February.
The Market Implementation Committee endorsed a PJM proposal to revise how the capacity offered by energy efficiency resources is measured and verified, rejecting competing proposals from EE providers and the Monitor.
NYISO presented its draft recommendations for the demand curve reset, including the choice of a two-hour battery electric storage system resource as the proxy unit in calculations.
ISO-NE responded to stakeholder feedback on its capacity auction reform project at the NEPOOL Markets Committee meeting, providing clarity on the scope of its capacity market overhaul.
Generation owners say the increase in PJM capacity prices is the signal they need to invest in new development, while consumer advocates say the backlogged interconnection queue could limit the ability for market participants to react.
PPL reported GAAP earnings of $190 million for the second quarter and executives focused on changing market dynamics in PJM during a teleconference with analysts.
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