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December 24, 2024

winter peak

PJM Operating Committee Briefs
A round-up of news from the PJM Operating Committee on Nov. 5, 2014.
PJM to Hike Penalties, Incentives to Improve Winter Reliability
PJM will increase performance penalties and incentives and seek ways to incorporate firm gas transportation in energy prices under an initiative announced last week to reduce generator outage rates during winter.
Revised Economic Data Reduces Load Forecast
PJM predicts summer peak loads will increase by about 1% annually over the next decade, with a 1.4% increase in 2014. But the 2014 load forecast reduces peak and energy forecasts from the 2013 report.

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