PJM Interconnection LLC (PJM)
The PJM Operating Committee endorsed a pair of manual revisions, updating definitions to be more clear and approving a quick fix proposal.
FERC's Office of Enforcement and PSE&G reached an agreement imposing a $6.6 million penalty on the utility over allegations it provided PJM with inaccurate information about the condition of a transmission line in New Jersey.
FERC rejected proposals from PJM and its transmission owners that would have changed regional planning, by moving those rules to the tariff from the operating agreement, while also giving transmission owners more authority over the process.
Utilities around the country expect peak demand to grow by 128 GW, or 15.8%, to 947 GW by 2029, according to the latest report from Grid Strategies.
Pennsylvania regulators hosted several panels to discuss PJM's tightening reserve margins and how the PUC should respond to the situation, which at least promises more high prices in the near future before new supplies can come online.
Solar developers are urging the New Jersey Board of Public Utilities to extend the completion timelines in the agency’s proposed storage development plan.
Stakeholder opinions were sharply divided at the PJM Members Committee’s meeting regarding RTO proposals to allow high capacity factor resources to be sped through the interconnection queue and revise aspects of the capacity market.
Getting storage online in Maryland could be a critical piece of the solutions needed to address the sky-high capacity prices PJM recorded in its most recent auction, according to a panelist at a solar and storage conference.
The PJM Markets and Reliability Committee voted to endorse a proposal to create an expedited process to study some interconnection requests.
Constellation filed a complaint at FERC seeking to formalize the guidance PJM has on co-located demand, saying it should be included in the tariff.
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