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PJM plans to delay votes on several proposals to revise key capacity market parameters by one month to receive updated cost of new entry values for combustion turbines and combined cycle generators.
PJM
The Market Implementation Committee discussed the significance of PJM falling short of its reliability requirement and other details in the results of the 2026/27 Base Residual Auction.
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PJM presented a first read on a proposal to cap resources committed ahead of the day-ahead market at their cost-based offer, and the committee endorsed an expansion of an offer capping issue charge.
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PJM’s Kevin Hatch presented an update on how two heat waves between July 14-17 and 23-30 affected PJM operations, which involved multiple demand response deployments and emergency alerts and advisories.
Yes Energy
PJM initiated a load-shedding event in the Baltimore Gas and Electric region after the Brandon Shores substation went offline.
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The governors of Pennsylvania and Virginia have requested that PJM consider former FERC Commissioners Mark Christie and Allison Clements to fill two vacant seats on the RTO’s Board of Managers.
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To increase its energy supplies, PJM proposes expanding its process for allowing new resources to inject onto the grid while their required network upgrades are being completed, allowing a unit to operate partially.
EPRI and Epoch AI
A new report by EPRI and Epoch AI estimates U.S. power demand by artificial intelligence could jump from 5 GW today to more than 50 GW by 2030.
ITC Midwest
CREPC TC, in collaboration with Energy Strategies, issued its first transmission cost allocation study to provide the Western electricity industry with guidelines on how to tackle the thorny issue.
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The departure of Mark Christie as chair of FERC likely signals the end of the agency's longstanding independence.
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