Capacity Market
© RTO Insider LLC
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.
Casey Monaghan, CC-BY-SA-2.0, via Wikimedia Commons
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.
© RTO Insider LLC
The Sierra Club, Natural Resources Defense Council and the Sustainable FERC Project are seeking a rehearing of MISO’s sloped demand curve in its capacity auction.
PJM
PJM capacity prices increased nearly tenfold in the 2025/26 Base Residual Auction as a trifecta of load growth, generation deactivations and changes to risk modeling shrank reserve margins.
Shutterstock
As ISO-NE undertakes major capacity market accreditation reforms, New England storage developers are voicing concerns that potential flaws in the RTO’s modeling methodology could discourage new investments in storage resources.
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The PJM MRC endorsed one of two proposals to revise how the RTO uses reserve resources, approving a deployment scheme where instructions are sent by basepoints, while rejecting a parallel proposal to grant operators the ability to dynamically increase market procurements.
NYISO
NYISO analysts continue to recommend a two-hour battery electric storage system resource as the proxy unit for the ISO’s capacity market demand curve.
Entergy
The D.C. Circuit Court of Appeals rejected Entergy’s challenge of MISO’s seasonal capacity accreditation and generator outage rules, two years after FERC approved the rules.
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PJM
The PJM Markets and Reliability Committee will consider proposed revisions to Manual 12 and Manual 13, along with several other agenda items.
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