PJM Transmission Expansion Advisory Committee (TEAC)
The Planning Committee endorsed PJM’s long-term regional transmission planning proposal, advancing manual revisions that would expand the RTO’s planning horizon to 15 years.
PJM's Planning Committee endorsed revised values for the installed reserve margin and forecast pool requirement used to calculate capacity procurement targets in the 2025/26 Base Residual Auction.
The New Jersey Board of Public Utilities has initiated a second state agreement approach with PJM to plan the transmission necessary to meet Gov. Phil Murphy's goal of installing 11 GW of offshore wind by 2040.
PJM presented a quick fix proposal to introduce a new long-term transmission planning approach that includes a longer 15-year horizon and considers state legislation that could affect generator participation in RTO markets.
PJM has requested that Talen Energy continue operating a portion of its H.A. Wagner Generating Station an additional three years beyond its requested 2025 deactivation date.
PJM’s preliminary load forecast for 2024 sees higher growth for both summer and winter, driven by EVs, data centers and state incentivizes for heat pumps.
PJM stakeholders OK'd a manual change necessitated by the growth of data centers and heard reviews of multiple supplemental transmission projects.
PJM has presented a package of transmission projects to address growing data center load and several generation retirements. The proposal, which requires Board of Managers approval, would fulfill the 2023 RTEP Window 3.
PJM presented three shortlisted scenarios being considered in its 2022 RTEP Window 3 to address growing data center load in Virginia and deactivation of the Brandon Shores generator outside Baltimore.
The Planning Committee endorsed the recommended values in the 2023 Reserve Requirement Study, which would increase the amount of reserves that PJM aims to procure for the 2027/28 delivery year.
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