Capacity

Capacity pricing is more important than ever for electricity markets. Get access to long range merchant curve forecasts, clearing price databases, resource adequacy models and auction preview insights.

Reports

CAISO Data Methodology Note

May 06, 2026

How Data Center Builders are Solving the Power Problem

Interconnection, not construction, is now the binding constraint on data center development. Four strategies have emerged on the demand side, each routing capital to a different set of winners. Which one dominates will shape where hundreds of billions in power infrastructure spending lands over the next five years.

Noreva Insights on FERC's PJM ANOPR

FERC's June 2026 deadline to act on the large-load ANOPR will consolidate eighteen months of ad hoc rulings into a binding framework, closing the transmission cost gap that has made data center co-location attractive and forcing a repricing of projects still in development.

PJM Auction Forecast Fundamentals Brief

PJM Backstop Auction Proposal Insight

The RTO that pioneered competitive capacity markets is proposing to administer its own long-term procurement because those markets cannot move fast enough.

Project Finance and PJM Brief

Capacity Models and Insight

Noreva provides price forecasting for opaque but increasingly vital capacity markets. As the energy transition and the return of load demand has spiked the value of capacity, Noreva’s unique modeling that aligns trade inputs with deep AI-enhanced supply and demand visibility is crucial for capacity market participants. Noreva’s capacity models allow for stress-testing and permit forecast granularity that traders, investors, corporates and governments need more than ever.

Noreva’s Reports for hub clients and subscribers allow for a deeper dive into the essential context that makes our data useful across multiple strategic timelines, and across diverse market activity. Investors and banks have long valued our insight on opaque markets that require proven expertise to access, and Reports on the Noreva hub bring that same level of insight and timely analysis to clients and subscribers at scale. From changes at ISOs and federal agencies to shifts in capital market fundamentals and the impact of shifting fuel logistics, Noreva’s Reports are essential reading for energy and commodity market participants.

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