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PJM Capacity Market

February 18, 2026

FERC Sends Clear Message: Utilities Can’t Use Competitive Power Markets to Paper Over Poor Business Decisions

By EPSA

In rejecting AEP’s request to sell 750 MW of excess capacity into PJM’s auction, FERC made clear that competitive markets are not a backstop for speculative utility decisions, reinforcing that wholesale markets exist to protect customers and ensure investment risks are borne by those who make them—not shifted onto ratepayers.

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December 17, 2025

PJM Capacity Auction Results Show Continued Impact of Rising Energy Demand and Need for Investment

By EPSA

New PJM capacity auction results highlight the reality of fast-growing demand from data centers, AI load, electrification, and economic expansion. Investment is responding to price signals, but project timelines and compressed auction cycles mean today’s results don’t capture recent development momentum. Removing non-market barriers like permitting and siting roadblocks will bring resources online faster and more affordably.

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September 18, 2025

Governors’ Technical Conference on PJM: What You Need to Know  

By EPSA

With U.S. power demand climbing for the first time in decades, policymakers must resist politicizing PJM and focus on solutions that keep costs low and the grid reliable.

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August 19, 2025

Competitive Markets: A Smarter Path to Keep New Jersey’s Grid Strong and Costs in Check

By EPSA

EPSA’s latest comments to the New Jersey Board of Public Utilities highlight how competitive power markets help keep the lights on and energy costs manageable while meeting growing demand and supporting clean energy goals.

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July 30, 2024

PJM Auction Results Signal Shift to Realign Power Supply and Demand, Address Shortfalls

By EPSA

PJM Interconnection released the results of the Base Residual Auction (BRA) for the 2025/2026 Delivery Year (DY), providing initial price signals needed to finance reliable power generation for 65 million Americans in 13 states and the District of Columbia. Read details and a statement from EPSA President and CEO Todd Snitchler.

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December 1, 2023

Market Design to Support Reliable Power Needed Following Court Decision to Uphold PJM Capacity Market Rule Changes

By EPSA

Statement from Electric Power Supply Association President and CEO Todd Snitchler on Third Circuit Court denial of Minimum Offer Price Rule Change appeals 

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