Category: PJM News

PJM Board authorizes $350 million in transmission upgrades

The PJM Board has authorized $350.45 million.in electric transmission projects to ensure efficient and reliable power supplies for the 65 million customers PJM serves. It also approved the Installed Reserve Margin of 15.8 percent for 2021-22. “Maintaining the reliability of the…

Duane gives Congressional testimony on financial markets

Vince Duane, senior vice president – General Counsel, Compliance and External Relations, testified Wednesday on financial trading at the U. S. House of Representatives’ Committee on Energy and Commerce Subcommittee on Energy. In his testimony, “Examining the Role of Financial…

PJM, members ready with ample resources to meet winter demand

Along with its members, PJM is ready with sufficient resources to meet forecasted demand for electricity this winter. “Mild or severe weather,  no matter what the winter brings, we are prepared and expect to have more than enough power available…

Vote closes out work of CCPPSTF

The Capacity Construct Public Policy Senior Task Force took its next step on Nov. 21, discussing the results of its recent vote on a solution package. This closes out the work of the task force. The package from Monitoring Analytics,…

Special MIC reviews DER interconnection questions

Stakeholders covered a myriad of related topics at the Nov. 17 special Market Implementation Committee meeting on Distributed Energy Resources, covering both interconnection and markets. In the first half of the meeting, stakeholders dissected the particulars of today’s interconnection process…

Enhancing energy price formation will help build a resilient system

By Stu Bresler, senior vice president – Operations and Markets Proper energy pricing is vital to accurately reflecting the resources needed to maintain a reliable grid and attracting the optimal mix of resources necessary to build a resilient system going…

PJM proposes enhancements to electric energy price formation

PJM today released a proposal to ensure that its wholesale electricity market prices do the best possible job of reflecting the resources required to serve customers and of maintaining an optimal mix of resources in the long term. In the…

IMM finds PJM competitive

The Independent Market Monitor for PJM Interconnection, Monitoring Analytics, LLC, found PJM’s wholesale electric energy, capacity and regulation markets produced competitive results during the first nine months of 2017, according to its 2017 Quarterly State of the Market Report for…

United Way honors PJM for charitable giving and volunteerism

The United Way of Greater Philadelphia and Southern New Jersey has recognized PJM with its Impact Award for outstanding results in charitable giving and volunteerism. “The culture of caring and giving back is ingrained in PJM and our employees. We…