PJM Interconnection LLC (PJM)
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.
American Electric Power says it is “rooted deep in innovation” and “ready to meet unprecedented customer demand” that will result in “significant infrastructure investment” and continue its strong financial results.
Energy industry analyst Jesse Jenkins stressed that data center developers must match their demand with new clean supply to prevent negative consequences for other consumers and the climate.
PJM’s Market Implementation Committee passed by acclamation a PJM issue charge seeking to more thoroughly define how storage resources participate in the energy and ancillary service markets.
PJM’s Julia Spatafore presented a quick-fix proposal to model battery storage dispatch in Regional Transmission Expansion Plan base cases.
PJM, Voltus and the RTO’s Independent Market Monitor presented proposals to establish penalties for demand response and price-responsive demand resources that fail to perform during a pre-emergency load management event.
While PJM experienced some of its highest peak loads ever during the late January winter storm, it overestimated load, with relatively high load forecasting errors, RTO officials told the Operating Committee.
The PJM Operating Committee endorsed a set of manual revisions to implement ambient-adjusted line ratings.
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