PJM received 94 submissions from generation owners seeking to have new projects or uprates to existing units included in the RTO’s expedited Reliability Resource Initiative interconnection study process.

The Markets and Reliability Committee endorsed PJM's recommended installed reserve margin and forecast pool requirement values for the 2026/27 Base Residual Auction.

PJM’s Markets and Reliability Committee endorsed two proposals to revise the RTO’s ELCC formula to add two new generation categories and limit the penalties resources face if their accreditation declines between auctions.

PJM’s markets provided reliable service in 2024, but tightening supply and demand are laying bare design flaws that have inhibited the competitiveness of the RTO’s markets, the Independent Market Monitor wrote in its 2024 State of the Market Report.

PJM presented the Planning Committee with a draft amendment to the Deactivation Enhancement Senior Task Force’s issue charge to add a key work activity focused on creating pro forma language for reliability-must-run agreements with generation owners seeking to deactivate a unit identified as being necessary for reliability.

The PJM Market Implementation Committee endorsed by acclamation an RTO-sponsored issue charge to consider changes to how resources committed in advance of the day-ahead market are offer capped.

PJM gave more detail on its plan to scale back a 30% adder it added on the synchronized and primary reserve requirement in May 2023.

The PJM Market Implementation Committee endorsed a proposal to revise the base formula rate for compensating black start resources.

Facing a 40% hike in electricity demand by 2030, New Jersey needs to rapidly craft a plan on how to boost generation and develop its transmission and distribution system, speakers at a conference on the state’s energy future said.