PJM submitted a waiver request asking FERC to delay the 2025/26 Base Residual Auction by 35 days, which would bump the commencement to July 17.

With more than 300,000 buildings, the U.S. government is the nation’s largest energy consumer and “a steady customer prepared to make long-term investments,” GSA Administrator Robin Carnahan said.

A bevy of consumer, clean energy and environmental advocates have joined state regulators in appealing to MISO and PJM to undertake more comprehensive interregional transmission planning.

PJM spent $53.5 million on conservative, out-of-market dispatch procedures to maintain reliability during the January 2024 Winter Storm Gerri.

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.

The PJM Market Implementation Committee endorsed manual revisions codifying the real-time temporary exceptions process for generators to report any issues that may prevent them from operating to their unit-specific parameters.

The PJM Operating Committee endorsed revisions to the TO/TOP Matrix delineating responsibilities between the RTO and its member transmission owners to reflect new NERC standards.

The state regulatory organizations for both MISO and PJM have sent a letter to the RTOs asking them to redouble efforts around interregional transmission planning.

FERC has rejected a PJM proposal to rework the role of performance penalties in its capacity market and how the associated risks can be reflected in seller offers.