PJM Interconnection LLC (PJM)
PJM's Planning Committee ok'd an initiative to create rules for “if and how” energy storage could be part of the Regional Transmission Expansion Plan.
PJM officials have revised some of their proposed rules for applying the MOPR to state default service procurements in response to stakeholder feedback.
Stakeholders urged the PJM board to ensure the “grid of the future” is planned regionally rather than controlled by individual transmission owners.
PJM’s Monitor released a report concluding that New Jersey ratepayers would likely see costs increase if the state left the RTO’s capacity market.
Exelon said its Illinois nuclear plants are “up against a clock,” with the legislature unable to meet to consider withdrawing from PJM’s capacity market.
Dominion told Virginia regulators it is undecided about whether to pursue an FRR or remain in the PJM capacity market, where new self-supply resources would be subject to the MOPR.
PPL executives told investors in a first-quarter earnings call that the utility is continuing to meet its 2020 financial results amid the COVID-19 pandemic.
PJM and its Monitor shared with stakeholders their proposals for responding to FERC’s directive that state default service auctions be subject to the MOPR.
Dominion Energy saw little load impact from the COVID-19 pandemic in the first quarter, but earnings were hurt by an abnormally warm winter season.
PSEG CEO Ralph Izzo said it would be “logical” for New Jersey to abandon the PJM capacity market by adopting the fixed resource requirement option.
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