PJM has updated its thinking on the design of its reliability backstop procurement to meet rising data center load, gravitating toward a model in which the RTO would determine the amount of capacity to be purchased and act as the administrator and counterparty to the resulting agreements.

The Department of Energy ordered PJM and Constellation Energy to keep the 760-MW Eddystone Generating Station online through May 24.

Stakeholders endorsed PJM’s recommended installed reserve margin and forecast pool requirement for the 2028/29 Base Residual Auction at the Markets and Reliability Committee meeting.

PJM and stakeholders laid out their initial thoughts on the structure of the in-development reliability backstop procurement as the RTO looks to meet a September target set out by the White House and all 13 member states’ governors.

Two PJM proposals would revise its tariff to extend the collar on capacity prices for two more years and implement an expedited interconnection track for large projects to bring new capacity online quickly.

FERC accepted five new reliability standards setting requirements for model validation and data sharing for inverter-based resources.

PJM, with prompting from 13 governors, is trying another solution to resource adequacy: the “Reliability Backstop Auction.” While details still are being negotiated, this boils down to throwing money at new power plants, says Tom Rutigliano of the NRDC.

PJM and the Independent Market Monitor are drafting proposals to rework the RTO’s reserve market.

With Winter Storm Fern, we learned, once again, that our nation’s power grids rely on a significant fossil mix when the weather turns nasty, writes columnist Peter Kelly-Detwiler.

PJM's Markets and Reliability Committee and Members Committee will be asked to endorse the recommended IRM and FPR values for the 2028/29 BRA.