PJM
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PJM Interconnection LLC is a regional transmission organization that coordinates the movement of wholesale electricity in all or parts of Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and the District of Columbia.
PJM expects to issue at least $1 billion in penalties over generation outages in December, when plummeting temperatures stretched the region to its limits.
Competitive Power Ventures is launching CPV Retail Energy to sell power from its “low-emitting” combined cycle plants within the PJM grid.
The North Carolina Utilities Commission approved Duke Energy's first carbon plan to comply with state law calling for carbon neutrality by 2050.
New Jersey’s far-reaching OSW plans face challenges as the first project undergoes permit scrutiny and the state launches a third coastal wind solicitation.
New Jersey has extended by two weeks the comment period on the plan to hold its third — and largest — offshore wind solicitation in early 2023.
FirstEnergy agreed to another federal fine, this time for lying to FERC auditors about its role in the Ohio bribery scheme to bail out nuclear plants.
Ohio regulators cleared AEP of wrongdoing in its response to storms that led to load sheds in June but said it should manage vegetation more aggressively.
PJM backtracked on posting “indicative” results of the 2024/25 capacity auction in the face of stakeholder opposition.
FERC and NERC will conduct yet another inquiry into cold weather grid failures after Duke and TVA cut power to consumers during December's winter storm.
PJM's first order of business in 2023 will be a review of the “indicative” 2024/25 capacity auction results following concerns of artificially inflated prices.
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