Manu Asthana
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.
MISO CEO John Bear and PJM CEO Manu Asthana expressed concerns about gas-fired resources retiring prematurely at NARUC's Annual Meeting in California.
None of the 20 proposals PJM and stakeholders drafted through the critical issue fast path to rework the capacity market garnered sector-weighted support from the Members Committee.
PJM responded to Ohio legislators' concerns about the cost impact of Illinois' climate policy, saying it could not split Ohio out of related transmission planning and pledging to work with lawmakers going forward.
PJM officials and stakeholders told FERC they oppose abandoning the RTO’s capacity market but disagree over the degree to which it needs to be changed.
PJM's CEO said challenges lie ahead for stakeholders as they wrestle with a possible overhaul to the capacity market to address resource adequacy concerns.
PJM needs to slow the pace of generation retirements to avoid reliability problems by 2030, CEO Manu Asthana told the Electric Power Supply Association.
New capacity being installed on PJM’s grid may not keep pace with rate of retirements and accelerating load growth, according to a pending PJM whitepaper.
PJM CEO Manu Asthana said 40 GW in planned retirements and lagging construction of new generation is raising questions about long-term grid reliability.
PJM stakeholders gathered for the first in-person Annual Meeting of Members after more than two years of virtual meetings caused by the COVID-19 pandemic.
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