Section guide

US Capacity Markets: Prices, Auctions & Forecasts

Capacity auction results, forward zonal pricing and forecasts across PJM, MISO, ISO-NE, NYISO, SPP and CAISO Resource Adequacy.

US capacity markets pay generators, storage and demand response to be available when the grid needs them most. Each region runs its own construct — PJM's Base Residual Auction, ISO-NE's Forward Capacity Market, NYISO's ICAP spot auctions, MISO's seasonal Planning Resource Auction, SPP's seasonal requirements and CAISO's Resource Adequacy program — with different products, timelines and price dynamics.

This section tracks how those markets work, where their prices come from, and which data and forecast providers cover them. It is written for the people who have to act on capacity prices: traders, originators, asset developers, load-serving entities and the analysts who support them.

What you'll find here

  • Provider comparisons — who actually publishes capacity auction results, forward zonal prices and long-term capacity forecasts, ISO by ISO.
  • Market explainers — how each auction construct works, what changed in recent reforms, and what drives clearing prices.
  • Data guidance — where the official results live (PJM, MISO, ISO-NE, NYISO, SPP, CAISO filings) and how commercial platforms build on top of them.

Every article cites its sources — official auction reports, ISO/RTO publications and regulatory filings — and carries a visible update date.

All articles in this section