Market status — October 2, 2026
Emergency
Elevated
Watch
Normal
PJM — Watch: reliability backstop procurement window is open
- 5CP Capacity Tags: No coincident peak events are indicated for early October, and I did not find a 5CP-specific alert in the last 24 hours. Cool-season loads are well below summer tag levels.
- Real-Time LMP: No hub-level price spike, congestion event or negative pricing report surfaced in approved sources today. Live LMP data was not retrievable, so check Data Miner for Western Hub, NI Hub and AEP-Dayton.
- Demand Response: No DR dispatch or emergency activation found. Structural item: PJM’s one-time reliability backstop procurement runs September 30 through October 21, 2026, with offers capped at $555/MW-day and results due in early December. See PJM Inside Lines.
NYISO — Normal: no notable signals found
- ICAP Tag Tracking: No UCAP tag changes or auction results surfaced today. See the NYISO ICAP page for the current auction calendar.
- CBEP Program Alerts: No CBEP alerts or activations found.
- Day-Ahead Pricing: No notable zonal spreads reported in approved sources. Live DA prices were not retrievable.
ERCOT — Normal: 4CP season is over, no alerts found
- 4CP Season Tracking: The June through September 4CP window closed on September 30. Fall loads are mild, so no coincident peak risk remains until next summer.
- ORDC Pricing: No ORDC adder, VOLL approach or reserve shortfall reported in approved sources.
- Grid Condition Alerts: No Weather Watch, Watch, Warning, Emergency or Conservation Alert found. Check the ERCOT grid conditions dashboard for live status.
ISO-NE — Normal: comfortable margins
- FCM Tag Events: No de-list bids, qualification events or show-cause notices surfaced today.
- Capacity Market Integration: No new FCA results or zone changes found. Net exports to neighbors are about 1,360 MW, mainly over NECEC and Phase 2.
- Load Forecasting: The Morning Report for October 1 shows a forecast peak of 15,300 MW against 21,024 MW available, a 3,679 MW surplus after reserves. Boston and Hartford are near 69 to 70 degrees F.
MISO — Normal: no zonal or settlement alerts
- Zonal Pricing: No notable Zone 4, 5, 6 or 7 spreads or new constraints reported in approved sources.
- Planning Resource Auction: No new PRA activity today. The 2026-27 auction results were already published and indicated sufficient capacity; see the MISO release.
- Real-Time Settlements: Nothing unusual reported in RT settlements or make-whole payments.
CAISO — Normal: no Flex Alerts
- Flex Alerts: No Flex Alert or demand response call-out found.
- Renewable Curtailment: Daily curtailment is not available in approved sources today. Spring is the typical overgeneration peak, so fall volumes are usually lower. Reports are in the CAISO library.
- NQC Integration: No new NQC updates or RA deficiency notices found. The 2026 NQC values are posted on the CAISO notice.
Cross-Market Watch
- Reliability: No NERC alert, extreme heat or fuel supply disruption found for today.
- Regulatory: FERC’s July order directs NERC to file mandatory reliability standards for data centers and other computational loads by December 31, 2026. See POWER Magazine.
- Data note: Live market data was limited in approved sources this morning, so several items above reflect an absence of reported events rather than confirmed quiet prices.
HOW INTELLASTAR ENERGY ANALYST CAN HELP
Today’s conditions create specific opportunities — and risks — for your organization.
The PJM backstop procurement window is open and capacity costs are under pressure.
Intellastar Energy Analyst tracks PJM capacity and large load rule changes against your load profile. It shows how the $555/MW-day cap and curtailment rules could affect your costs.
The 4CP season just ended, so now is the time to check how you did.
Intellastar Energy Analyst reviews your load against the four coincident peaks that set next year’s charges. It helps you spot what worked and plan for next summer.
Sufficient auction results give you room to plan your capacity strategy.
Intellastar Energy Analyst compares your zonal exposure with the latest PRA outcome. It helps you decide where demand response enrollment makes sense.