PJM Planning Committee (PC)
The PJM Planning Committee and TEAC discussed a CIR transfer proposal, changes to upcoming projects and Load Analysis Subcommittee charter revisions, among other topics.
PJM stakeholders received updates on the RTO's plan for long-range transmission planning and utilities' supplemental projects to deal with growing data center load.
The East Kentucky Power Cooperative presented possible changes to the process for transferring capacity interconnection rights from a retiring generator to a replacement resource.
The PJM Planning Committee is considering a change to an issue charge framing a discussion on how capacity interconnection rights can be transferred from a retiring generator to a planned resource in the interconnection queue.
The Planning Committee endorsed PJM’s long-term regional transmission planning proposal, advancing manual revisions that would expand the RTO’s planning horizon to 15 years.
PJM's Planning Committee endorsed revised values for the installed reserve margin and forecast pool requirement used to calculate capacity procurement targets in the 2025/26 Base Residual Auction.
PJM presented a quick fix proposal to introduce a new long-term transmission planning approach that includes a longer 15-year horizon and considers state legislation that could affect generator participation in RTO markets.
PJM’s preliminary load forecast for 2024 sees higher growth for both summer and winter, driven by EVs, data centers and state incentivizes for heat pumps.
PJM stakeholders OK'd a manual change necessitated by the growth of data centers and heard reviews of multiple supplemental transmission projects.
The Planning Committee endorsed the recommended values in the 2023 Reserve Requirement Study, which would increase the amount of reserves that PJM aims to procure for the 2027/28 delivery year.
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