PJM's MRC will consider endorsement of manual revisions to conform to NERC TPL standards, followed by the MC weighing approval of creating a cost recovery structure for upgrades necessary for a generator designated as critical under NERC's CIP standards.

PJM stakeholders endorsed a proposal to create a cost recovery mechanism for generators which are required to make facility upgrades.

PJM CEO Manu Asthana said 40 GW in planned retirements and lagging construction of new generation is raising questions about long-term grid reliability.