Topic
Capacity Market
98 published works
Washington Energy Report
FERC Approves NYISO Capacity Market Revisions to Address Seasonal Reliability Risks
On June 26, 2026, FERC accepted New York Independent System Operator, Inc.’s (NYISO) proposal to modify its Installed Capacity market rules to address seasonal reliability risks and to account for…
Washington Energy Report
FERC Accepts PJM Capacity Market Price Collar Extension
By Alex Spratley, Mary-Kate Rigney
On April 28, 2026, FERC accepted PJM Interconnection, L.L.C.’s (PJM) Open Access Transmission Tariff (Tariff) revisions to establish a price cap and floor for all Reliability Pricing Model (RPM) auctions…
Washington Energy Report
FERC Approves Tariff Revisions for ISO-NE Prompt Capacity Market
By Alex Spratley, Jackie Triggs
On March 30, 2026, FERC accepted to ISO New England Inc.’s (ISO-NE) Transmission, Markets and Services Tariff (Tariff) that primarily replaces the existing Forward Capacity Market (FCM) with a prompt…
Washington Energy Report
ISO-NE Seeks to Establish a Prompt Capacity Market and Deactivation Framework
By Ben Duwve, Emily Beard
On December 30, 2025, ISO New England Inc. (ISO-NE) and the New England Power Pool Participants Committee (NEPOOL) filed proposed revisions to ISO-NE’s Transmission, Markets and Services Tariff (Tariff) to…
Washington Energy Report
FERC Accepts NYISO’s Proposal Regarding their 2025-2029 Demand Curve Reset
By Quintessa Davis, Dixon Wallace
On January 28, 2025, FERC accepted the New York Independent System Operator, Inc.’s (“NYISO”) proposed revisions to its Market Administration and Control Area Services Tariff (“Services Tariff”). The revisions define…
Washington Energy Report
Third Circuit Upholds PJM Capacity Market Change but Prevents Retroactive Application
By Steven G. Boughton, Elizabeth McCormick
On March 12, 2024, the U.S. Court of Appeals for the Third Circuit upheld a prospective rule change to PJM Interconnection, L.L.C.’s (“PJM”) annual capacity auction but struck down attempts…
Washington Energy Report
FERC Approves Changes to PJM Capacity Accreditation Rules; Rejects Proposed Changes Seeking to Better Reflect Risk in Capacity Market Offers.
By Antonia Douglas, Katherine O'Konski
On January 30, 2024, FERC approved, subject to condition, PJM’s proposal to reform its Reliability Pricing Model, including resource adequacy risk modeling, capacity accreditation, testing requirements for capacity resources, and…
Washington Energy Report
PJM Files Capacity Market Overhaul for Resource Adequacy and Grid Reliability
By Antonia Douglas, S. Jennifer Panahi
On October 13, 2023, PJM Interconnection, L.L.C. (“PJM”) submitted two filings with FERC proposing revisions to its Open Access Transmission Tariff (“Tariff”) and its “Reliability Assurance Agreement” (“RAA”) designed to…
Washington Energy Report
FERC to Convene Forum on PJM Capacity Market
By Quintessa Davis, Elizabeth McCormick
On April 19, 2023, FERC announced it would hold a forum to discuss the PJM Interconnection, L.L.C. (“PJM”) capacity market. The Commissioner-led forum is scheduled for Thursday, June 15, 2023.…
Washington Energy Report
FERC Accepts PJM Capacity Market Revisions to Locational Deliverability Area Reliability Requirement, Sparks Strong Dissent from Commissioner Danly
By S. Jennifer Panahi, Katherine O'Konski
On February 21, 2023, FERC accepted PJM Interconnection, L.L.C.’s (“PJM”) proposed tariff revisions governing the Locational Deliverability Area Reliability Requirement (“LDA Reliability Requirement”) calculation, effective December 24, 2022, and applicable…