Recent Articles
PJM’s 2027/28 Base Residual Auction procured 134,479 MW in unforced capacity at the $333.44/MW-day maximum price, falling 6,623 MW short of the reliability requirement and setting a clearing price record.
PJM staff plan to recommend an $11.6 billion package of transmission projects intended to address rising load growth in the east of the RTO’s footprint.
PJM's Markets and Reliability Committee will be asked to endorse a slew of manual revisions during its next meeting.
PJM’s forecasting of hourly peak loads continued to improve in November, with an error rate of just 1.17%, staff told the RTO’s Operating Committee.
Among other issues, PJM presented a quick fix proposal to address instances in which offline generators are committed as secondary reserves and granted lost opportunity cost credits.
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