NYISO Progress Towards Meeting 70% by 2030 | Renewable Watch Blog

This quarter’s NYISO Renewables Watch update includes ESAI’s latest updated Tier 1 REC supply and demand outlook and assesses New York’s progress towards meeting it’s 70% by 2030 Renewable Energy requirement.  We compare New York’s RES requirements with ESAI’s Projections (MWh) to assess the projected deficit.

NYISO Capacity Price Forecast Winter 2024-25 | Capacity Watch Blog

The NYISO Winter Strip Auction window opened today, starting a series of critical events in the NYISO Winter Capability Period for 2024/25. The New York Independent System Operator (NYISO) manages the state of New York’s energy needs, ensuring a reliable power supply during the colder months. This blog post will delve into some details of the NYISO Installed Capacity Market for the Winter 2024/25 season, shedding light on auction schedules, clearing price volatility, and notable changes compared to the previous winter.

ESAI Power NYISO Generation Asset Monitor Update | NYISO Generation Asset Monitor Blog

This update provides a high-level overview of our recently published NYISO Generation Asset Monitor (GAM) report and database. The NYISO GAM tracks the Interconnection queues for additions, forecasts plant retirements and plants deemed at risk of retirement, and provides an outlook for the timeline of renewable generation projects in PJM, MISO, NYISO and ISO-NE.

PJM Generation Asset Monitor Update | Capacity News

This update provides a high-level overview of our recently published PJM Generation Asset Monitor (GAM) report and database. The PJM GAM tracks the Interconnection queues for additions, forecasts plant retirements and plants deemed at risk of retirement, and provides an outlook for the timeline of renewable generation projects in PJM, MISO, NYISO and ISO-NE.

PJM Capacity Price Forecast Update BRA 2026/27 | Utility Dive | Capacity News

The 2026/27 PJM RPM Base Residual Auction is scheduled for early December. Ethan Howland reports in today’s Utility Dive that according to Morgan Stanley and ESAI Power’s Scott Niemann, PJM capacity auction prices could plausibly clear at the price cap.  Whilst clearing at the cap is a “very plausible” outcome, there are scenarios where pricing clears at “substantially” lower prices.

PJM Capacity Forecast BRA 2025/26 | Capacity Watch

We will soon publish our Capacity Watch for PJM report, which provides a comprehensive analysis of market drivers and recent developments, including Market Rules Changes for Capacity Accreditation (ELCC & CIFP), Increased Demand Forecast for Data Centers & AI and Retirement Drivers: At-risk assets driven by coal ash rules.

Emissions Watch | EPA Rules Update

ESAI Power’s latest Emissions Watch update, issued on May 16, 2024, provided our customers with our analysis of the four final rules issued by the US Environmental Protection Agency (EPA) in April 2024, including the Greenhouse Gas Rule (GHG), the Updated Effluent Limitation Guidelines (ELGs), the Updated Mercury and Air Toxics Standards (MATS) and the Coal Combustion Residuals (CCR) Rule.

NYISO Installed Capacity Market Summer Strip 2024 Update | Capacity Watch Blog

The NYISO Summer Capability Period will begin on May 1st, with the following auction schedule:
Wednesday, March 27th – The NYISO ICAP Summer 2024 Strip Auction Bid Period Opens.
Thursday, March 28th – The Summer Strip Auction Bid Period closes.
Monday, April 1st – Results of the auction are posted.
Tuesday, April 9th – First monthly auction for Summer 2024.
April 24th – 25th – May Spot Market Auction.
April 29th – May Spot Market Auction results are posted.

ESAI’s Capacity Watch update to clients discusses the key auction parameters, changes in supply since Summer 2023/24, and ESAI’s forecast for the Summer period.  ESAI’s NYISO Capacity Watch update includes predicted Summer 2024 Clearing prices for NYCA, Zone J, Zone K, and the G-J Locality.

MISO PRA Scheduled to Start March 26th | Capacity Watch Blog

ESAI brings 20 years of experience analyzing and forecasting the Capacity Markets in PJM, ISO-NE and NYISO, into our new Capacity coverage of MISO. ESAI also maintains a MISO Energy Asset Database (Delivered to subscribers in excel) that tracks the MISO Interconnection queue to forecast Renewables Additions that produces a Probability Weighted Renewable Additions forecast, any Fossil Additions, and also any plant Retirements or forecasting plants at risk of retirement. 

PJM Load Forecast Update | February 2024 | Energy Watch Blog

ESAI Power’s latest Energy Watch market update includes our current 10-year power and natural gas price forecast across PJM, NYISO and ISO-NE. The update also includes our natural gas price forecast, based on our fundamental long-term view, along with forward market prices for the initial years. This blog post will delve into the critical details behind our near-term and long-term 10-year energy market forecast for ISO-New England.