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July 31, 2024

PJM Interconnection LLC (PJM)

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FERC Approves PJM RTEP Projects over State Protests
The 25 projects in PJM's Regional Transmission Expansion Plan include a $796 million immediate-need project to address Brandon Shores' looming deactivation.
PJM
PJM MRC/MC Preview: Nov. 15, 2023

A summary of the agenda items scheduled to be brought to a vote at the PJM Markets and Reliability Committee and Members Committee meetings.

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PJM Monitor Petitions FERC to Change Capacity Performance Penalty Calculation
PJM's Independent Market Monitor filed a FERC complaint alleging the RTO's Capacity Performance penalty structure undermines reliability and offered an alternative calculation based on capacity revenues.
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PJM OC Briefs: Nov. 2, 2023
PJM's Operating Committee recommended high winter weekly reserve target values due to the inclusion of data from December 2022’s Winter Storm Elliott.
PSEG
PJM PC/TEAC Briefs: Oct. 31, 2023
PJM stakeholders OK'd a manual change necessitated by the growth of data centers and heard reviews of multiple supplemental transmission projects.
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PJM MIC Briefs: Nov. 1, 2023
Generators that plan to come online by the start of the 2025/26 delivery year will have until Dec. 12 to notify PJM of their intent to participate in the Base Residual Auction for that year.
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PJM Recommends $5B in RTEP Transmission Projects
PJM has presented a package of transmission projects to address growing data center load and several generation retirements. The proposal, which requires Board of Managers approval, would fulfill the 2023 RTEP Window 3.
Grid Strategies
New Report Finds MISO, PJM Could Save Billions Through Interregional Tx Expansion
A new ACORE report concludes MISO and PJM could save ratepayers $15 billion in a little more than a decade if they build more interregional transmission.
Delmarva Power & Light
Exelon Q3 Earnings Call Links Transmission Expansion to Rate Cases
"The energy transformation will last decades, not years, which is why we are confident that investment opportunities will continue to strengthen and lengthen our rate base growth,” CEO Calvin Butler said.
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FERC Approves Extension of Comment Period in PJM CIFP Filings
PJM stated that FERC's approval of a six-day extension of the comment period in its CIFP filings would not affect the feasibility of having market changes implemented for the 2025/26 capacity auction slated for June 2024.

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