The PJM Planning Committee is considering a change to an issue charge framing a discussion on how capacity interconnection rights can be transferred from a retiring generator to a planned resource in the interconnection queue.

PJM's Planning Committee endorsed revised values for the installed reserve margin and forecast pool requirement used to calculate capacity procurement targets in the 2025/26 Base Residual Auction.

PJM’s preliminary load forecast for 2024 sees higher growth for both summer and winter, driven by EVs, data centers and state incentivizes for heat pumps.  

PJM stakeholders OK'd a manual change necessitated by the growth of data centers and heard reviews of multiple supplemental transmission projects.

The Planning Committee endorsed the recommended values in the 2023 Reserve Requirement Study, which would increase the amount of reserves that PJM aims to procure for the 2027/28 delivery year.

PJM brought a quick fix solution before the Planning Committee, seeking to address the frequency and magnitude of load forecast adjustments being requested by electric distribution companies.

PJM stakeholders approved a load model for the 2023 reserve requirement study during the Planning Committee's Aug. 8 meeting.

PJM's Planning Committee discussed the recommended load model to be used in the 2023 Reserve Requirement Study (RSS), while the TEAC gave an update on the ongoing third window of its 2022 RTEP and the opening of the 2023 RTEP later this month.