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July 31, 2024

PJM

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.
FERC Rejects Complaints on PJM Seasonal Resources
FERC rejected requests to change PJM’s capacity market rules to accommodate seasonal resources.
PJM Ordered to Revise Pseudo-tie Rules
PJM’s testing rules for pseudo-tied resources lack "sufficient notice and transparency," FERC ruled, ordering Tariff changes.
NJ Regulators Weighing Input on Capacity Market Exit
The New Jersey BPU received dozens of comments on how it should respond to PJM's expanded MOPR. State regulators initiated the investigation to determine if staying in the capacity market will increase consumer costs or impede the state's goals of 100% clean energy sources by 2050.
Report: Imports Key to Successful FRR
Analyses that predict increased costs for regions that exit PJM’s capacity market should be redone to presume maximizing imports to counter local market power.
FERC Approves PJM Reserve Market Overhaul
FERC approved PJM’s proposed energy price formation revisions, agreeing with the RTO that its reserve market was not functioning as intended.
New MOPR Analysis Sees Cost at $1B/Year
The expanded MOPR will cost PJM ratepayers almost $9.7 billion over nine years if FERC adopts revised floor prices allowing most nuclear plants to clear.
Strah Named New President of FirstEnergy
FirstEnergy promoted CFO Steve Strah to take over as president for Charles Jones, who will remain as CEO.
IMM: PJM Energy Markets Remained Competitive in Q1
PJM’s first-quarter energy prices fell to their lowest level since the RTO was created in 1999, according to the Monitor’s State of the Market report.
PJM PC/TEAC Briefs: May 12, 2020
PJM incumbent TOs won a victory as the Planning Committee endorsed a new regional targeted market efficiency project process that would be excluded from competition.
ISO-NE/NYISO/PJM IPSAC Briefs: May 15, 2020
PJM on Friday hosted an IPSAC meeting with ISO-NE and NYISO to provide input for the development of the Northeast Coordinated System Plan.

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