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.

PJM's Operating Committee recommended high winter weekly reserve target values due to the inclusion of data from December 2022’s Winter Storm Elliott.

PJM stakeholders OK'd a manual change necessitated by the growth of data centers and heard reviews of multiple supplemental transmission projects.

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.

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.

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.

"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.

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.

The PJM Markets and Reliability Committee rejected a proposal to change the rules for how generators with co-located load may enter into the capacity market during its Oct. 25 meeting.

The PJM Markets and Reliability Committee overrode concerns from Illinois consumer advocates and regulators to create a fifth cost of new entry area for the Commonwealth Edison region.