PJM Interconnection LLC (PJM)
PJM presented its 2024 summer study to the Operating Committee, saying preliminary figures show the region has adequate reserves to maintain reliability even as reserve margins tighten relative to recent years.
The PJM Markets and Reliability Committee delayed voting on a proposal to establish a multi-scenario long-term transmission planning process to allow stakeholders to see what action FERC may take on regional planning.
The Maryland Office of Peoples Counsel and PJM's IMM urge FERC to reject a compensation plan for NRG keeping a portion of its Indian River coal plant open under a reliability contract.
PJM is considering endorsing revisions to its governing documents to transfer filing rights for regional transmission planning from the membership to the board.
The Reserve Certainty Senior Task Force is considering proposals from PJM and the Independent Market Monitor aimed at improving the performance of reserve resources by increasing electronic signaling and providing more flexibility around reserve procurement targets.
PJM and the Independent Market Monitor presented the Deactivation Enhancement Senior Task Force with two proposals to increase the notification generators seeking deactivation must provide PJM and standardize compensation for those that enter into agreements to continue operating beyond their desired retirement date.
Stakeholders filed comments debating PJM’s request that FERC direct it to recalculate the results of the 2024/25 Base Residual Auction and rerun the third Incremental Auction.
FERC approved PJM’s cost allocation for a $5 billion in transmission upgrades aimed at resolving reliability violations posed by growing data center load in Northern Virginia and retirements in Maryland.
FERC approved the participation of PJM in New Jersey’s second solicitation for transmission to interconnect offshore wind, as the state Board of Public Utilities evaluates proposals submitted by the solicitation’s April 3 deadline.
PJM plans to open a solicitation window for black start service after the June 2023 request-for-proposal window did not yield fuel-assured black start generation for some transmission zones.
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