Highlights

• Understand the role capacity prices play from an asset and market lens: from an asset perspective, capacity prices make up a crucial portion of a power plant’s revenue; at the market level, they play a key role in ensuring there are enough operational power plants to meet future electricity demand. Incorporate capacity pricing into your investment decisions as the energy transition forces fossil fuel-fired power plant retirements in favor of intermittent renewable sources such as wind and solar.
• Analyze clearing prices from capacity auctions of four ISOs: PJM, MISO, NYISO, and ISO-NE. Gain access to annual PJM load distribution area clearing prices from 2021, MISO zones from 2014, ISO-NE zones from 2013, and monthly clearing prices for NYISO zones from May 2014.