
PJM Interconnection LLC (PJM) is a regional transmission organization (RTO) serving all or parts of Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, and the District of Columbia. Started in 1927, this energy pool was renamed the Pennsylvania-New Jersey-Maryland Interconnection (PJM) in 1956. PJM is headquartered in Valley Forge, Pennsylvania.
ESAI’s PJM Coverage includes Capacity, RECs, Power, Natural Gas, Carbon, Transmission and Congestion markets
ESAI provides fundamental-based outlooks for generation owners, investors, developers, and energy traders. Subscribers receive market updates on important market events including Capacity auctions, RGGI auctions, new Emissions and Renewables legislations, plus complete PJM long-term price forecasts for Power, NatGas, Capacity, RECs, and Emissions prices.
ESAI Power’s market insights enable subscribers to:
- Make critical investment and trading decisions.
- Conduct effective energy asset revenue and gross margin analysis.
- Validate Asset valuation models and projections.
- Stay up to date with unbiased near-term and long-term price forecasts.
- Understand and manage market and regulatory risks.
- Test analytical models.
- Compare industry standard Capacity, Carbon, RECs, Energy & NatGas price forecast benchmarks.
In addition to PJM, ESAI Power monitors ISO-NE, NYISO and MISO.
Request our PJM Capacity Auction Forecast Track Record
Request a report detailing ESAI Power’s Pre-Auction Capacity Price Forecast for PJM’s Base Residual Auctions (BRA) over the past 7 Capacity Auctions. This report compares ESAI’s pre-auction forecast with actual BRA results across defined locational deliverability areas (LDA) for the past seven PJM Base Residual Auctions.
ESAI Power continuously monitors and conducts analyses the capacity markets in PJM, NYISO, ISO-NE, and MISO. Capacity market projections incorporate detailed assessments of market rule changes, market drivers including load projections, demand curve parameters, new capacity and retirements, and transmission constraints that impact locational delivery and pricing.
Read Our PJM Blog Posts


PJM Generation Asset Monitor Update | Capacity News

PJM Energy Market Outlook | Energy Watch Blog

PJM’s Updated Capacity Auction Schedule | Capacity Watch Blog

PJM Generation Asset Monitor Update | Capacity News

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

PJM Capacity Forecast BRA 2025/26 | Capacity Watch

PJM Load Forecast Update | February 2024 | Energy Watch Blog

PJM Set To Hold Capacity Auction In June After Receiving Mixed FERC Decisions | Capacity News

Top ESAI Power Blog Posts for 2023

PJM Capacity Auction Track Record 2016 – 2023

Will Virginia leave RGGI? | Emissions News

PJM Interconnection Process Update | Generation Asset Monitor Blog

FERC Approved PJM Queue Reform Proposal | Renewables Watch Blog

EPA Proposes Tightening Fine Particulate Matter Standard, Potentially Affecting Coal Power Plants | Emissions News

PJM BRA 2024/25 Capacity Price Forecast | Capacity Watch Blog

Renewable Energy PPA Trends & Outlook | Renewables Watch Blog

Renewable Energy Development Challenges | Renewables Watch Blog

Supreme Court’s EPA Decision to Impact Coal Plant Retirements | Emissions News

PJM BRA 2023/24 Capacity Price Forecast | Capacity Watch Blog

Outage-Related Transmission Constraints to Impact Power Prices in PJM, NYISO & ISO-NE | Congestion Watch Blog

Coal Plant Owners Seek to Shut 3.2 GW in PJM in Face of Economic, Regulatory and Market Pressures | Emissions News

EPA Wastewater Rules and PJM Coal Retirements | Emissions Watch Blog

Regulations Affecting Coal Combustion Residuals (CCRs) Under EPA Rules | Energy Watch Blog

FERC Orders PJM To Change Reserve Market Rules, Delay Capacity Auctions | Capacity News

A New Year (2022) brings New Congestion Risks to PJM, NYISO & ISO-NE | Congestion Watch Blog

PJM BRA 2023/24 Rule Changes and Auction Parameters: Capacity Price Forecast | Capacity Watch Blog

Winter Brings New Congestion Risks to Power Prices | Congestion Watch Blog

Northeast’s Inflated Natural Gas and Power Forwards | Energy Watch Blog

PJM Renewable Capacity Pricing | Renewables Watch Blog

September Congestion update PJM NYISO & ISO-NE | Congestion Watch Blog

Stepping Stones to FCA16 and Beyond | Capacity Watch Blog

ESAI Power Launches Renewables Watch for NYISO, ISO-NE & PJM Wholesale Power Markets | Press Release

Energy Watch™ Report Released for Q2 2021

How Low Can PJM Capacity Prices Go? | Capacity Watch Blog

Transmission Outages in ISO-NE Will Elevate Congestion Potential in NEMA, SEMA & CT | Congestion Watch Blog

Capacity Watch™ Report Released for Q2 2021

Power Forwards in PJM Trend Higher, RGGI CO2 Allowances Increase | Energy Watch Blog

Elevated Load Levels Culprit for Congestion in PJM, NYISO & ISO-NE | Congestion Watch Blog

PJM Power Prices Likely To Heat Up This Summer | Energy Watch Blog

Higher Loads and Hotter Temps Drive Increased Electricity Demand in ISO New England, PJM & NYISO | Congestion Watch Blog

Increased Electricity Demand in PJM, NYISO & ISO-New England | Congestion Watch Blog

Energy Demand in NYISO, PJM, & ISO-New England and How They Impact Wholesale Electricity Prices | Energy Watch Blog

PJM BRA 2022/23, ISO-NE FCA 16 Forecast and NYISO Capacity Price Forecast | Capacity Watch Blog

Feb Power Prices Surged, March Equinox Moderates Demand & RGGI Auction No. 51 update

Power Generation Outages Peaking in April | Congestion Watch Blog


Macro Trends in Renewable Energy | Energy Watch Blog
About Us
Company Overview
ESAI Power LLC
401 Edgewater Place, Suite 640
Wakefield, MA 01880
Phone: +1.781.245.2036
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.
Products
Service Packages
MARKETS
Who We Serve
Content Offers
- All Content Offers
- Benchmark Energy Research Brochure
- Capacity Watch Brochure
- Clean Energy Service Brochure
- Energy Watch Brochure
- Emission Watch Brochure
- Forecast Methodology Brochure
- Free Trial Report Request Form
- Generation Asset Monitor (GAM) Brochure
- Investors & Developers Brochure
- Long-Term Forecasts Brochure
- Owners & Operators Brochure
- Power Purchasing Agreements WP
- Subscribe To Our Newsletter
- Utilities & Electric Suppliers Brochure
Recent Posts
- PJM Load Forecast 2025 Update | Energy Watch Blog February 12, 2025
- Research Internship: Energy Markets and Environmental Policy February 11, 2025
- Internship: Economic Analysis for Energy and Environmental Markets February 11, 2025
- Power and Energy Markets Analyst February 10, 2025
- Power and Energy Markets Senior Analyst February 10, 2025
- PJM Generation Asset Monitor Update | Capacity News February 3, 2025
- MISO Capacity Market Update | Capacity Watch Blog January 16, 2025
- PJM Energy Market Outlook | Energy Watch Blog January 14, 2025
- ESAI at Projects & Money, January 27-29, 2025 January 6, 2025
- Trump’s Election Win impacts Ozone Season CSAPR Programs | Emissions Watch Blog December 9, 2024
- PJM’s Updated Capacity Auction Schedule | Capacity Watch Blog November 20, 2024
- MISO Interconnection Queue Update I Generation Asset Monitor Blog November 19, 2024
- NYISO Progress Towards Meeting 70% by 2030 | Renewable Watch Blog October 4, 2024
- NYISO Capacity Price Forecast Winter 2024-25 | Capacity Watch Blog September 27, 2024
- ESAI Power NYISO Generation Asset Monitor Update | NYISO Generation Asset Monitor Blog September 24, 2024