PJM
PJM Board of ManagersPJM Market Implementation Committee (MIC)PJM Markets and Reliability Committee (MRC)PJM Members Committee (MC)PJM Operating Committee (OC)PJM Other Committees & TaskforcesPJM Planning Committee (PC)PJM Transmission Expansion Advisory Committee (TEAC)
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.
Constellation Energy
Constellation Energy turned in better than projected financials for 2024 as it continued to meet the demand for emissions-free energy with the nation’s largest nuclear fleet.
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FERC approved a suite of changes to PJM's next couple of capacity auctions, which are meant to mitigate billing impacts as the supply-demand dynamic in the region tightens and longer-term reforms are pursued.
Casey Monaghan, CC-BY-SA 2.0, via Wikimedia
Spiking capacity prices in PJM have PPL and Exelon pushing for a potential return to utility-owned generation in Pennsylvania, which three former PUC chairs warned would be harmful to consumers.
PJM
Among other items, the Markets and Reliability Committee will consider whether to establish new wildfire procedures for the RTO and transmission owners to follow ahead of and during fire conditions which could impact transmission.
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FERC approved a one-time measure by PJM to add up to 50 new projects to a cluster of projects to be studied beginning in April.
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PJM’s Market Implementation Committee narrowly endorsed a PJM proposal to use ELCC to model the availability of demand response resources in all hours, along with other changes to how DR accreditation is determined.
PJM
PJM credited emergency procedures with improving generator performance during a pair of winter storms in January, including a new all-time winter peak of 145,060 MW.
Dominion Energy
PJM's Transmission Expansion Advisory Committee heard a presentation about the preliminary 2029 congestion results in the 2024/25 Base Case.
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The Members Committee was sharply divided on an agreement in principle between PJM and Pennsylvania Gov. Josh Shapiro to institute a cap and floor on capacity prices for the 2026/27 Base Residual Auction and the following auction.
Dominion Energy
Dominion Energy reported that its Coastal Virginia Offshore Wind project will cost 9% more than initially expected, thanks to higher-than-expected PJM network upgrade costs.
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