PJM Interconnection LLC (PJM)
PJM stakeholders requested that the Board of Managers provide more information about its initiation of a fast-track process to address reliability concerns.
Generation owners in PJM say declining capacity prices and market participation in the Base Residual Auction demonstrate underlying issues with the market.
PJM capacity prices dropped in much of the RTO for delivery year 2024/25, but ratepayers in five regions will face increases due to locational constraints.
The PJM Markets and Reliability Committee endorsed an RTO proposal to increase the maximum number of bids a single corporate entity can enter into FTR auctions.
PJM’s Board of Managers is opening an accelerated stakeholder process to address rising reliability concerns about the RTO’s capacity market.
New capacity being installed on PJM’s grid may not keep pace with rate of retirements and accelerating load growth, according to a pending PJM whitepaper.
FERC approved PJM’s request to revise its capacity rules to avoid a fourfold price increase in DPL South, rejecting complaints of retroactive ratemaking.
N.J. regulators overruled local governments to grant the state’s first offshore wind project an easement to connect its turbines to a substation onshore.
A summary of the agenda items scheduled to be brought to a vote at the PJM Markets and Reliability Committee and Members Committee meetings Thursday.
The PJM subsidiary that manages its registry of clean energy certificates will release a new product broken down by the hour in which the energy was created.
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