PJM Interconnection LLC (PJM)
The PJM Market Implementation Committee endorsed an RTO proposal to establish penalties for load management and price-responsive demand resources that underperform during pre-emergency deployments.
The PJM Planning Committee endorsed a quick-fix proposal to include battery storage dispatch in the RTO’s planning models.
PJM updated stakeholders on how it plans to act on a FERC order requiring it to rework how it determines transmission rates and recalculate rates going back to June 2015.
Constellation deferred on asking the Market Implementation Committee to vote on a quick-fix proposal to account for any downtime dual-fuel gas generators may require when switching fuels.
PJM, Constellation and the Independent Market Monitor plan to bring competing proposals to define rules for operating battery storage as a transmission asset.
PJM’s Independent Market Monitor warned the cost of wholesale power in the RTO will continue to rise with the rapid addition of data center load without enough capacity to serve it.
PJM has updated its thinking on the design of its reliability backstop procurement to meet rising data center load, gravitating toward a model in which the RTO would determine the amount of capacity to be purchased and act as the administrator and counterparty to the resulting agreements.
The Department of Energy ordered PJM and Constellation Energy to keep the 760-MW Eddystone Generating Station online through May 24.
Stakeholders endorsed PJM’s recommended installed reserve margin and forecast pool requirement for the 2028/29 Base Residual Auction at the Markets and Reliability Committee meeting.
PJM and stakeholders laid out their initial thoughts on the structure of the in-development reliability backstop procurement as the RTO looks to meet a September target set out by the White House and all 13 member states’ governors.
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