PJM CEO Manu Asthana announced he will resign from his position at the end of 2025 after more than five years of leading the RTO.

Attendees at the Electric Power Supply Association’s Competitive Power Summit discussed how markets are responding to rapid demand growth.

PJM's Manu Asthana will join ERCOT's Pablo Vegas in opening the Texas grid operator’s second annual Innovation Summit by discussing how they are adapting to and managing the complexities of “rapidly changing grids.”

ISO/RTO leaders explained the issues facing their markets and took some questions from members, with subjects like FERC's independence and the recent capacity price spikes in PJM coming up.

The New Jersey Board of Public Utilities has initiated a second state agreement approach with PJM to plan the transmission necessary to meet Gov. Phil Murphy's goal of installing 11 GW of offshore wind by 2040.

MISO CEO John Bear and PJM CEO Manu Asthana expressed concerns about gas-fired resources retiring prematurely at NARUC's Annual Meeting in California.

None of the 20 proposals PJM and stakeholders drafted through the critical issue fast path to rework the capacity market garnered sector-weighted support from the Members Committee.

PJM responded to Ohio legislators' concerns about the cost impact of Illinois' climate policy, saying it could not split Ohio out of related transmission planning and pledging to work with lawmakers going forward.

PJM officials and stakeholders told FERC they oppose abandoning the RTO’s capacity market but disagree over the degree to which it needs to be changed.

PJM's CEO said challenges lie ahead for stakeholders as they wrestle with a possible overhaul to the capacity market to address resource adequacy concerns.