Market Seller Offer Cap (MSOC) is a price ceiling applied to specific capacity sell offers. MSOC is based on the Net Avoidable Cost Rate (ACR) formula defined by PJM.

Source: https://www.pjm.com/-/media/committees-groups/task-forces/rastf/2022/20220228/20220228-item-02a-msoc-options-for-consideration-pjm.ashx

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

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Our Q1 Capacity Watch™ provides clients with an in-depth outlook on PJM, ISO-New England and NYISO Capacity prices. For ISO New England, we review the results for the Fifteenth Forward Capacity Auction (FCA15) recently conducted by ISO New England. In PJM, parameters have been released for the 2022/23 BRA, scheduled for May 2021. With a lower forecasted peak load, auction clearing prices are expected to decline in all PJM locations. In New York, the 2021 Summer Capability Period will begin in May.

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