FERC Approves PJM Capacity Auction Delay

FERC Approves PJM Capacity Auction Delay

The Federal Energy Regulatory Commission (FERC) has approved PJM Interconnection’s request to delay the 2026-2027 capacity auction by six months, rescheduling it for June 2025, after complaints about soaring wholesale capacity market prices. The next three base...
ISO-NE capacity auction ends with prices up from record low

ISO-NE capacity auction ends with prices up from record low

As expected, ISO New England’s (“ISO-NE”) recent Forward Capacity Auction (“FCA”) 15 resulted in higher capacity clearing prices than FCA 14. The auction, consisting of five rounds of bidding, concluded on February 8th with preliminary clearing prices ranging from...