ESAI Power LLC Announces Publication of 3rd Quarter of 2019 Capacity Watch™

This issue of Capacity Watch^TM examines the development of the offshore wind industry in the Northeast and its potential impact on capacity markets.  The New York section discusses the upcoming winter strip outlook and the impacts of the PJM Transmission Owners filing to increase PJM export tariffs for exports to New York.  The PJM section examines the outlook for the next BRA and implications for the cancellation of the BRA that was scheduled for August and in New England, a significant drop in the Installed Capacity Requirement (1,260 MW) has shifted the outlook for FCA clearing prices lower.  Please see the accompanying excerpt for review.