PJM Interconnection LLC (PJM)
The Operating Committee discussed PJM’s timeline for addressing technological and operational challenges the RTO plans to address over the next four years.
PJM has decided not to refile several components of its proposed capacity market redesign that was rejected by FERC in February.
The Market Implementation Committee endorsed a PJM proposal to revise how the capacity offered by energy efficiency resources is measured and verified, rejecting competing proposals from EE providers and the Monitor.
Exelon is focused on meeting rising demand from data centers and manufacturing, company officials said during its second-quarter earnings call.
Generation owners say the increase in PJM capacity prices is the signal they need to invest in new development, while consumer advocates say the backlogged interconnection queue could limit the ability for market participants to react.
PPL reported GAAP earnings of $190 million for the second quarter and executives focused on changing market dynamics in PJM during a teleconference with analysts.
Maryland has been promoting itself as a nearby, attractive alternative to Northern Virginia, and data center developers are starting to take a closer look.
PJM capacity prices increased nearly tenfold in the 2025/26 Base Residual Auction as a trifecta of load growth, generation deactivations and changes to risk modeling shrank reserve margins.
AEP executives say they're embracing large loads and have firm commitments for more than 15 GW of load coming from just data centers by 2030.
The PJM MRC endorsed one of two proposals to revise how the RTO uses reserve resources, approving a deployment scheme where instructions are sent by basepoints, while rejecting a parallel proposal to grant operators the ability to dynamically increase market procurements.
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