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November 22, 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.
PJM
PJM MIC Briefs: Aug. 7, 2024
PJM has decided not to refile several components of its proposed capacity market redesign that was rejected by FERC in February.
© RTO Insider LLC 
Stakeholders Endorse PJM EE Measurement and Verification Proposal
The Market Implementation Committee endorsed a PJM proposal to revise how the capacity offered by energy efficiency resources is measured and verified, rejecting competing proposals from EE providers and the Monitor.
Exelon
Exelon Prepping for Major Load Growth in Utility Service Territories
Exelon is focused on meeting rising demand from data centers and manufacturing, company officials said during its second-quarter earnings call.
© RTO Insider LLC
PJM Market Participants React to Spike in Capacity Prices
Generation owners say the increase in PJM capacity prices is the signal they need to invest in new development, while consumer advocates say the backlogged interconnection queue could limit the ability for market participants to react.
Casey Monaghan, CC-BY-SA-2.0, via Wikimedia Commons
PPL Backs Utility-owned Generation in Pa. After PJM Capacity Price Spike
PPL reported GAAP earnings of $190 million for the second quarter and executives focused on changing market dynamics in PJM during a teleconference with analysts. 
Dominion Energy
Dominion Highlights Demand Growth, OSW Progress
Dominion earned $572 million in the second quarter of 2024 and logged six new peak demand records in July on the back of Virginia’s continued electricity consumption growth.
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Maryland PSC Approves Grid Upgrades for New Data Center
Maryland has been promoting itself as a nearby, attractive alternative to Northern Virginia, and data center developers are starting to take a closer look.
Shutterstock
PSEG Planning for EV, Data Center Growth
New Jersey last year put an additional 62,426 new EVs on the road, a 68% increase over 2022, which has prompted some advocates to suggest the state is in reach of its goal of having 330,000 EVs in the state by 2025.
PJM
PJM Capacity Prices Spike 10-fold in 2025/26 Auction

PJM capacity prices increased nearly tenfold in the 2025/26 Base Residual Auction as a trifecta of load growth, generation deactivations and changes to risk modeling shrank reserve margins.

© RTO Insider LLC
PJM MRC Briefs: July 24, 2024
The PJM MRC endorsed one of two proposals to revise how the RTO uses reserve resources, approving a deployment scheme where instructions are sent by basepoints, while rejecting a parallel proposal to grant operators the ability to dynamically increase market procurements.

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