New Jersey's proposal to award solar RECs through annual procurements with incentives for projects incorporating storage won initial support from stakeholders.

PJM highlighted the release of the second phase of its multiyear study to examine the impacts of a system with more renewable energy at its Annual Meeting.

A summary of the agenda items scheduled to be brought to a vote at the PJM Markets and Reliability Committee meeting on May 25, 2022.

PJM stakeholders gathered for the first in-person Annual Meeting of Members after more than two years of virtual meetings caused by the COVID-19 pandemic.

PJM stakeholders endorsed manual changes related to the stability limits and intelligent reserve deployment in markets and operation issue charge.

FERC accepted PJM’s compliance filing restoring the historical energy and ancillary services revenue offset used in the RTO’s capacity market.

Stakeholders at a PJM Market Implementation Committee meeting peppered RTO staff with questions about a proposal on cost-based energy offers.

PJM delayed a vote on the draft charter of the Interconnection Process Subcommittee at last week’s Planning Committee meeting.

PJM expects to have enough power supply to meet its summer electricity needs, according to the RTO's own analysis.

Energy prices in PJM increased by 75.5% in the first quarter of 2022 from a year ago, the Market Monitor reported, driven primarily by higher fuel costs.