PJM Interconnection LLC is a regional transmission organization that coordinates the movement of wholesale electricity in all or parts of Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and the District of Columbia.
Looking ahead to the possibility of future emergency orders from the DOE, stakeholders endorsed a PJM issue charge to establish a more permanent set of rules for how to allocate the cost of keeping generation online beyond its desired deactivation date when ordered by the federal government.
Committee business included a quick-fix package to expand the definition of dual-fuel generation in the Reliability Assurance Agreement to include generation capable of running on a backup fuel type with off-site storage and dedicated delivery.
PJM's Markets and Reliability Committee discussed a problem statement and issue charge brought by Pennsylvania Gov. Josh Shapiro to open a discussion on establishing a sub-annual capacity market design.
FERC approved a PJM proposal to revise the penalty rate for resources that are unable to meet their capacity obligation due to a decrease to their accreditation.
PJM presented changes to its submission and review processes for large load adjustments that are intended to provide stakeholders with more transparency before they are included in future load forecasts, as well as a draft proposal to standardize how it determines what share of LLAs will be included in its forecasts.
The Members Committee is set to vote on several proposals drafted by PJM and stakeholders to determine how to allocate costs associated with generators required to remain online through DOE’s emergency orders under FPA Section 202(c).
PJM and members will review proposals for allocating the costs of keeping Eddystone Generating Station operating under a Department of Energy emergency order.
PJM’s Board of Managers initiated a critical issue fast path process to determine how to compensate Constellation Energy for continuing to run two gas-fired units at the utility’s Eddystone plant under a DOE emergency order.
