PJM Interconnection LLC (PJM)
PJM wants to advance discussions in the Resource Adequacy Senior Task Force to evaluate the RTO’s need for procuring additional reliability-based generation.
FERC accepted PJM’s revisions intended to increase transparency into and the efficiency of the RTO’s ARR and financial FTR markets.
PJM presented an updated proposal addressing start-up cost offer development to the MIC after being sent back to a subcommittee for more work.
PJM energy prices last year surged to their highest levels since 2014, more than making up for declines from the pandemic-driven economic downturn in 2020.
PJM saw interconnection requests for solar more than triple since 2019, comprising more than half the interconnection queue, according to the 2021 RTEP report.
The D.C. Circuit Court of Appeals denied petitions for review of a settlement that allocated transmission costs in PJM.
Ocean Wind project developer Ørsted has asked the New Jersey BPU to approve an easement to run cables in Ocean City regardless of the town’s wishes.
New Jersey will delay its third offshore wind solicitation by three months to allow it to incorporate proposed transmission projects now being reviewed by PJM.
FERC rejected PJM’s proposal to modify the FTR rights credit requirement and opened a show-cause proceeding to examine the existing requirement.
The results of PJM’s 2022/23 Base Residual Auction were not competitive, according to a report released last week by the RTO’s Independent Market Monitor.
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