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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.
Facing opposition from regulators and consumer advocates, PJM will suspend an initiative that could tighten fuel requirements for black start resources.
FERC approved PJM’s updated annual cost responsibility assignments for projects in the Regional Transmission Expansion Plan over the objections of ODEC.
PSEG CEO Ralph Izzo expressed skepticism that New Jersey utilities will abandon the PJM capacity market over the expanded minimum offer price rule.
PJM stakeholders appear to favor the RTO’s efforts to improve its risk evaluations of market participants, but some of its new procedures face challenges.
A PJM task force considering carbon pricing continued its education sessions with an analysis on the impact of Virginia and Pennsylvania joining RGGI.
Despite PJM cancelling its capacity auction and parting ways with its CEO, CFO and general counsel, 89% of members are satisfied with the RTO's performance.
Stakeholders approved the PJM ICC’s changes to the fuel-cost policy after rejecting a proposal state regulators and the Monitor said would create loopholes.
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AEP reported fourth-quarter earnings of $153.5 million ($0.31/share), down from $363.4 million ($0.74/share) the year before.
FERC’s Dec. 19 order expanding PJM’s minimum offer price rule prompted outrage among some officials in the RTO’s 13-state footprint.
RTO Insider held a webinar with regulators from five of PJM’s biggest states to find out how they plan to respond to FERC’s Dec. 19 order expanding MOPR.
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