Market status — September 30, 2026
Emergency
Elevated
Watch
Normal
PJM: Watch, recent emergency actions but no confirmed alert in the last 24 hours
- 5CP Capacity Tags: The 5CP summer window has closed, so no new coincident peak risk today. Fall outage season is underway, with roughly 36,000 MW of generation outages reported on Sept. 17 (PJM Inside Lines).
- Real-Time LMP: No hub-level price spike, congestion or negative pricing was confirmed from approved sources for the last 24 hours. Check PJM Data Miner for Western Hub, NI Hub and AEP-Dayton.
- Demand Response: On Sept. 17 PJM dispatched Pre-Emergency and Emergency DR in select zones, issued a Maximum Generation Alert and received a DOE emergency order through Sept. 18 (PJM Inside Lines). No new dispatch was found for today.
NYISO: Normal, no new signals found
- ICAP Tag Tracking: No UCAP tag changes or auction results surfaced in the last 24 hours. Routine monthly auction and event calendar data is on the NYISO ICAP event calendar.
- CBEP Program Alerts: No CBEP alerts or activations found.
- Day-Ahead Pricing: No notable zone spreads across NYC, Long Island or Capital were reported by approved sources.
ERCOT: Watch, 4CP season ends today
- 4CP Season Tracking: September is the last month of the 4CP window, so today closes the season. Review the final 4CP interval data on the ERCOT 4CP page once posted.
- ORDC Pricing: No high ORDC adders, reserve shortfalls or VOLL approach were found in the last 24 hours.
- Grid Condition Alerts: No Weather Watch, Watch, Warning, Emergency or Conservation Alert was found in approved sources.
ISO-NE: Normal, structural updates only
- FCM Tag Events: No de-list bids or show-cause notices surfaced. The current auction and reconfiguration results are on the ISO-NE FCM page.
- Capacity Market Integration: No new FCA results, zone changes or import and export changes found.
- Load Forecasting: Late September load is seasonally low, and no peak load concerns were reported.
MISO: Normal, structural updates only
- Zonal Pricing: No notable LMP spread or congestion event was found for Zones 4, 5, 6 or 7.
- Planning Resource Auction: The latest PRA showed sufficient capacity, and Utility Dive reported capacity prices falling as new supply outpaced demand growth. No new Zone 4 concerns today.
- Real-Time Settlements: Nothing unusual found in RT settlements or make-whole payments.
CAISO: Normal, no Flex Alerts found
- Flex Alerts: No Flex Alert or DR call-out found for today.
- Renewable Curtailment: No unusual curtailment volumes reported. Current outages are listed on the CAISO curtailed generators page.
- NQC Integration: No new NQC updates or RA deficiency notices dated within the last 24 hours.
Cross-Market Watch
- Weather and Fuel: No multi-ISO heat event, fuel disruption, NERC alert or FERC order was found for today.
- Regulatory: No market rule changes effective this week were confirmed. Data coverage from approved sources was thin today, so analysts should verify live operating data directly with each ISO.
HOW INTELLASTAR ENERGY ANALYST CAN HELP
Today’s conditions create specific opportunities — and risks — for your organization.
Recent DR emergencies show how fast PJM conditions can change for your load.
Intellastar Energy Analyst tracks PJM alerts and DR dispatch signals so you know when to act. It also helps you review your DR enrollment and 5CP exposure before next summer.
The 4CP window closes today, so your transmission cost tag for next year is about to be set.
Intellastar Energy Analyst helps you check which intervals likely set the 4CP peaks. It also helps you plan curtailment strategy ahead of the next season.
Falling MISO capacity prices are a good moment to revisit your capacity position.
Intellastar Energy Analyst helps you compare zonal capacity costs with your load. It also flags where your exposure changes as auction results come in.