PJM stakeholders are to vote on a record-breaking number of proposals on how the RTO should integrate large loads without impacting resource adequacy.

FERC approved settlements with three utilities in the footprints of SERC Reliability and ReliabilityFirst, totaling $185,000 in penalties.

Several stakeholders presented proposals for how PJM could address accelerating load growth as the Critical Issue Fast Path process on large load growth wraps up its second phase.

Looking ahead to the possibility of future emergency orders from the DOE, stakeholders endorsed a PJM issue charge to establish a more permanent set of rules for how to allocate the cost of keeping generation online beyond its desired deactivation date when ordered by the federal government.

The Members Committee is set to vote on several proposals drafted by PJM and stakeholders to determine how to allocate costs associated with generators required to remain online through DOE’s emergency orders under FPA Section 202(c).

PJM presented additional details about the projects selected for expedited interconnection studies through the Reliability Resource Initiative to the Planning Committee.

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.

PJM agreed to reduce its nonperformance penalties 31.7% for generators that could not meet their capacity obligations during the December 2022 winter storm.

Several generation companies and PJM have indicated that they will finalize a settlement over the performance penalties the RTO assessed following Winter Storm Elliott.

PJM and stakeholders presented their final CIFP proposals and posted executive summaries explaining how their packages would redesign the RTO's capacity market.