PJM Interconnection (PJM)
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PJM is restructuring its executive team, the RTO announced Nov. 28, promoting Stu Bresler to executive vice president of market services and strategy and creating two new positions.
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FERC deferred making a decision on PJM’s proposal in response to a 2021 order directing the RTO to show cause as to why its rules regarding parameter-limited offers are just and reasonable.
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The 25 projects in PJM's Regional Transmission Expansion Plan include a $796 million immediate-need project to address Brandon Shores' looming deactivation.
PJM
A summary of the agenda items scheduled to be brought to a vote at the PJM Markets and Reliability Committee and Members Committee meetings.
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PJM's Operating Committee recommended high winter weekly reserve target values due to the inclusion of data from December 2022’s Winter Storm Elliott.
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Generators that plan to come online by the start of the 2025/26 delivery year will have until Dec. 12 to notify PJM of their intent to participate in the Base Residual Auction for that year.
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PJM stated that FERC's approval of a six-day extension of the comment period in its CIFP filings would not affect the feasibility of having market changes implemented for the 2025/26 capacity auction slated for June 2024.
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The PJM Markets and Reliability Committee rejected a proposal to change the rules for how generators with co-located load may enter into the capacity market during its Oct. 25 meeting.
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Several generation companies have submitted comments supporting and opposing a proposed settlement to reduce the $1.8 billion PJM assessed against market sellers for underperforming during Winter Storm Elliott by 23%.
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The Energy Bar Association's Mid-Year Forum illustrated greater collaboration between than the electric and natural gas industries than normal.
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