PJM spent $53.5 million on conservative, out-of-market dispatch procedures to maintain reliability during the January 2024 Winter Storm Gerri.

PJM's Planning Committee endorsed revised values for the installed reserve margin and forecast pool requirement used to calculate capacity procurement targets in the 2025/26 Base Residual Auction.

The PJM Market Implementation Committee endorsed manual revisions codifying the real-time temporary exceptions process for generators to report any issues that may prevent them from operating to their unit-specific parameters.

The PJM Operating Committee endorsed revisions to the TO/TOP Matrix delineating responsibilities between the RTO and its member transmission owners to reflect new NERC standards.

The state regulatory organizations for both MISO and PJM have sent a letter to the RTOs asking them to redouble efforts around interregional transmission planning.

FERC has rejected a PJM proposal to rework the role of performance penalties in its capacity market and how the associated risks can be reflected in seller offers.

Legislators in five states in PJM have filed similar bills that would require regulated utilities to submit all of their stakeholder votes publicly with state regulators.

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.

A joint package brought forward by PJM, Dominion Energy and Gabel Associates would add intraday real-time commitment runs to the day-ahead market ahead of the three gas nomination cycle deadlines

Ohio and Pennsylvania lawmakers met in Columbus for a hearing on the future reliability of the PJM grid, quizzing RTO and industry insiders on the role states can have in maintaining resource adequacy.