# FERC Suspends PJM Capacity Procurement

The Federal Energy Regulatory Commission (FERC) suspended PJM’s proposed one-time procurement intended to address a 6,831-MW capacity shortfall. FERC is reviewing unresolved cost-allocation, collateral, and program-exit requirements through February 28, 2027. If revised and approved, the procurement could support generation contracts of up to 15 years; no contract value or solicitation schedule has been announced.

- Power developers and suppliers can assess whether their generation capacity could support a potential long-term procurement, while recognizing that the terms and schedule remain unsettled.
- Cost allocation, collateral obligations, and exit provisions remain key commercial uncertainties for prospective participants.
- Companies should follow PJM’s revised filing and FERC’s review through February 28, 2027, since those actions could clarify procurement terms and next steps.

**Jurisdictions:** federal
**Industries:** Energy & Utilities
**Topics:** Physical Infrastructure, Policy
**Published:** September 30, 2026

### Government Entities
- Federal Energy Regulatory Commission (FERC)

### Vendors
- Constellation Energy ()
- NRG Energy ()
- Talen Energy ()

### Sources
- [CEG, NRG, TLN Stocks In Spotlight: TD Cowen Warns Of ‘Acute’ Uncertainty After FERC Delays PJM’s Plan To Meet AI Demand — TradingView News](https://www.tradingview.com/news/stocktwits:6d101bbb0094b:0-ceg-nrg-tln-stocks-in-spotlight-td-cowen-warns-of-acute-uncertainty-after-ferc-delays-pjm-s-plan-to-meet-ai-demand) - TradingView