Consumer Advocates of the PJM States (CAPS)
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PJM’s Markets and Reliability Committee endorsed by acclamation a proposal to use only cost-based offers for resources committed in advance of the day-ahead energy market.
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Addressing a technical conference on the state of PJM, Virginia Gov. Glenn Youngkin said PJM must undertake immediate governance changes, with granting states a greater voice in decision-making atop the list.
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Stakeholders rejected the installed reserve margin and forecast pool requirement values recommended by PJM staff, with some opposed arguing that the inputs remain nebulous.
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PJM’s Members Committee voted not to reelect two incumbent members of the RTO’s Board of Managers: Chair Mark Takahashi and Terry Blackwell.
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The PJM Market Implementation Committee endorsed a proposal to revise the base formula rate for compensating black start resources.
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The Members Committee was sharply divided on an agreement in principle between PJM and Pennsylvania Gov. Josh Shapiro to institute a cap and floor on capacity prices for the 2026/27 Base Residual Auction and the following auction.
RMI
Speakers at a PJM Public Interest and Environmental Organizations User Group meeting said the growth of local transmission projects is a major contributor to grid upgrades making up an increasing share of rates.
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Jackie Roberts announced her retirement from the West Virginia Public Service Commission, capping a 14-year career with the state.
Jakec, CC BY-SA 4.0, via Wikimedia Commons
Data centers and other concentrated electric consumers increasingly seek to buy their power directly through nuclear generators in PJM.
PJM
Consumers and electric distributors in PJM opposed a proposal to revise two financial parameters used to calculate the cost of new entry input to the 2027/28 Base Residual Auction.
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