Upcoming Auctions
Here is a calendar of upcoming and past energy auctions for the PJM, NYISO, ISO-NE & MISO energy markets.
| Description | Auction Type | Date | Comments |
ISO-NE 17th Forward Capacity Auction |
Capacity | March 6, 2023 | Parameters are set for the ISO-NE 17th Forward Capacity Auction, slated to open on March 6th for the procurement of capacity for the 2026/27 Capacity Commitment Period (CCP). Notably, FCA17 will be the first ISO-NE Capacity auction to include the transition provisions for the Minimum Offer Price Rule or MOPR. Moving forward, ISO-NE will implement a full set of MOPR revisions for FCA19. Learn more. |
Past Auctions
| Description | Date | Comments |
RGGI Quarterly Auction (Auction 58) |
December 7, 2022 | The most recent RGGI quarterly auction (Auction 58) was held on December 7, 2022. The clearing price was $12.99/ton, three percent lower than the clearing price of $13.45/ton on September 7, 2022. Auction 58 represents the second consecutive auction with a clearing price lower than the previous auction, with both Auctions 57 and 58 clearing 3 percent below previous auction clearing prices. Prior to Auction 57 in September 2022, Auction 45 in September 2019 was last time that the clearing price had declined from the previous auction. Learn more. |
PJM BRA 2024/25 Capacity Price Forecast |
December 7, 2022 | For Energy Investors and Generation Owners investing and trading in PJM, it’s vital to have an in-depth market model with deep analysis of the market fundamentals, the latest regulatory updates, and insight into the rule changes and planning parameters that impact PJM BRA clearing prices moving forward. Surface level analysis is not enough when it comes to making investment decisions in the PJM Capacity Market. The PJM BRA for 2024/25 Delivery year is set to begin December 7th, 2022. Learn more. |
| TBD | TBD | TBD |
About ESAI Power
ESAI Power is a market research and consulting firm that delivers focused analysis of the wholesale power markets in the Northeast region of the US: PJM, NYISO, and ISO-NE. Since 2001, ESAI has been providing market-focused research product content and custom consulting services for Northeast power market participants including investors (banks, private-equity, & hedge funds) & developers, generation owners & operators, utilities & retail electricity suppliers, regulators & RTOs, traders, and end-users & buyers.