PJM
PJM Board of ManagersPJM Market Implementation Committee (MIC)PJM Markets and Reliability Committee (MRC)PJM Members Committee (MC)PJM Operating Committee (OC)PJM Other Committees & TaskforcesPJM Planning Committee (PC)PJM Transmission Expansion Advisory Committee (TEAC)
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.
PJM's first order of business in 2023 will be a review of the “indicative” 2024/25 capacity auction results following concerns of artificially inflated prices.
PJM's MRC rejected two proposals that would have created a “circuit breaker” mechanism to limit prices during extended periods of high prices.
PJM said it will ask FERC to modify the rules of its 2024/25 capacity auction to avoid artificially high prices in one region of the RTO.
The D.C. Circuit Court of Appeals vacated FERC’s licensing of the Conowingo Dam on the Susquehanna River in Maryland, ruling in favor of environmental groups.
FERC rescinded RTO participation incentives for two AEP affiliates on the grounds that Ohio law compels transmission owners to participate in an RTO.
Synchronized reserves have seen a drop in prices since PJM implemented market overhauls at the start of October, the RTO says.
A summary of the agenda items scheduled to be brought to a vote at the PJM Markets and Reliability Committee and Members Committee meetings.
MISO and PJM will opt for one small interregional project this year through their Targeted Market Efficiency Project study.
AES will spend $145 million to build substations and new transmission lines to meet over 1,000 MW in expected load growth from EV manufacturers.
A poll by the Market Implementation Committee found little support for two competing proposals on capacity offer opportunities for co-located load.
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