November 26, 2024

PJM

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.
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PJM General Session Focuses on Clean Energy Transition
PJM’s biannual General Session last week focused on how to ensure both reliability and equity during the transition to a clean energy-based generation mix.
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Monitor Finds PJM’s 2023/24 Base Residual Auction Competitive
The 2023/24 Base Residual Auction held by PJM in June yielded competitive results, the RTO’s IMM announced in a report released last month.
DTE Energy
DTE Unveils Renewable Energy Plan, Speeds Up Ending Coal Use
DTE Energy unveiled its latest proposed integrated resource plan, pledging to end its use of coal by 2035 and go carbon free by 2050.
Duke Energy
Duke CEO: IRA Tax Credits Will Offset 15% Corporate Income Tax
Duke Energy sees the U.S. clean energy transition as providing growth and profit drivers for its regulated utility business.
Exelon
Crane to Retire, Butler to be New CEO of Exelon
Exelon announced a leadership transition and reported solid third-quarter financials just a day apart.
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PJM MRC Briefs: Oct. 24, 2022
PJM CEO Manu Asthana said 40 GW in planned retirements and lagging construction of new generation is raising questions about long-term grid reliability.
Shutterstock
PSEG Faces Final Decision on NJ Ørsted Project
Public Service Enterprise Group is mulling whether to remain a 25% partner with Ørsted in the Danish developer’s Ocean Wind 1 project in New Jersey.
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PJM Stakeholders Reject Clean Energy Requirement for Board
PJM stakeholders rejected a proposal from the Illinois CUB to require that at least one member of the Board of Managers have clean energy qualifications.
PJM
NJ BPU OKs $1.07B OSW Transmission Expansion
New Jersey regulators voted to spend $1.07 billion on transmission upgrades to deliver 6,400 MW of offshore wind generation to the PJM grid.
FirstEnergy
FirstEnergy Q3 Adjusted Earnings at Top of Guidance
FirstEnergy reported that power deliveries for Q3 were flat, with an uptick in industrial demand offsetting a decline in residential and commercial demand.

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