Category: Industry News

Moody’s Upgrades PJM Rating

Moody’s Investors Service on Tuesday upgraded PJM’s and PJM Settlement’s issuer ratings to Aa2 from their previous Aa3. Moody’s said the upgrades were prompted by PJM’s financial performance, which has been stronger than the other regional transmission operators it rated….

Grid 20/20 Afternoon Session Looked to Future

What will the future of energy markets look like? And how does the industry get there? Those questions won’t be answered in a day, but the dialogue began in the afternoon session of the PJM Grid 20/20 forum on Public…

PJM Grid 20/20 Examines Market Challenges, Solutions

A kitchen appliance and American humorist Will Rogers were themes that carried the discussion at the PJM Grid 2020 forum on Public Policy Goals and Market Efficiency, Aug. 18 at PJM. Craig Glazer, PJM vice president – Federal Government Policy,…

PJM Holding Grid 2020 Forum on Public Policy 

PJM has announced the agenda for its next Grid 2020 forum, Public Policy Goals & Market Efficiency, which will be held Aug. 18. This forum will focus on the confluence of market design and public policy goals. Industry experts and…

PJM Grid 2020 on Public Policy Goals & Market Efficiency

[Updated, July 12] PJM Interconnection has scheduled a symposium that follows the white paper, “Resource Investment in Competitive Markets,” which analyzed the effects of PJM Markets on resource investment, exiting generation resources, innovations and public policy considerations. What: PJM Grid…

Glazer, Herling Testify as FERC Re-examines Order 1000

Order 1000 and its challenges – including examination of cost caps and how those cost caps affect PJM’s ability to conduct its planning process – provided the basis for a two-day technical conference at the Federal Energy Regulatory Commission Monday…

PJM Auction Continues To Attract New Resources

Results of PJM Interconnection’s second auction with stringent pay-for-performance standards attracted a significant amount of new resources at competitive prices to the PJM footprint. In addition, the auction for power-supply resources attracted continued strong participation from renewable resources and demand response. PJM procured…

PJM Members Elect Two New Board Members

The PJM Interconnection Members Committee today elected Dean Oskvig and Mark Takahashi to the PJM Board to replace retiring members Dr. Richard Lahey and Dr. Jean Kinsey. The Members Committee also re-elected Terry L. Blackwell to a full term. He joined…

PJM Capacity Auction Opens

PJM’s annual capacity auction, also known as the Reliability Pricing Model Base Residual Auction, opened today, May 11, and will close on May 17, with results posted after 4 p.m. on Tuesday, May 24. About 80 percent of the total…

Mike Kormos, COO, To Leave PJM

PJM Interconnection said today that Michael J. Kormos, executive vice president and chief operations officer, has announced his intention to leave PJM. He will remain with PJM through April 15 to ensure a seamless transition. “We are grateful for Mike’s…