PJM’s 2027/28 Base Residual Auction procured 134,479 MW in unforced capacity at the $333.44/MW-day maximum price, falling 6,623 MW short of the reliability requirement and setting a clearing price record.

PJM staff plan to recommend an $11.6 billion package of transmission projects intended to address rising load growth in the east of the RTO’s footprint.

PJM’s forecasting of hourly peak loads continued to improve in November, with an error rate of just 1.17%, staff told the RTO’s Operating Committee.

The PJM Members Committee voted against each of the dozen proposals brought to address rising data center load as part of the RTO’s Critical Issue Fast Path process.

Pennsylvania has withdrawn from the Regional Greenhouse Gas Initiative as part of an overdue budget compromise signed by Gov. Josh Shapiro.

PJM’s winter outlook found the RTO should have enough resources to meet the forecast peak load of 145,700 MW, although the reserve margin continues to decline as new resource development lags.

MISO leadership shed more light on the RTO’s need for a pilot program to estimate load growth on a 20-year horizon after stakeholders asked for details.

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.

MISO is taking load updates and stakeholder suggestions as part of a pilot program to improve its long-term load forecasting.