PJM Interconnection LLC (PJM)
Price-responsive demand has long been supported by economists, but despite the significant investment in advanced meters, it has yet to take off.
PJM briefed stakeholders on issues that contributed to insufficient natural gas supplies during Winter Storm Elliott, which prevented some units from running.
FERC granted PJM’s request to terminate the membership of Hill Energy Resource & Services following the company’s failure to pay invoices on time in 2022.
The PJM Market Implementation Committee overwhelmingly voted to endorse manual revisions to put limits on when generators can submit real-time values.
PJM asked FERC to initiate settlement judge procedures in its dispute with generators over nonperformance penalties for Winter Storm Elliott.
State advocates would like to see more details when supplemental transmission projects are proposed to the Transmission Expansion Advisory Committee.
Virginia regulators approved Dominion Energy's latest plan to comply with the commonwealth's RPS, which includes new solar and storage projects.
PJM has assessed more than $1.8 billion in performance penalties on generators that underperformed during the December 2022 winter storm, the RTO said.
The cost of transmission congestion doubled in organized electricity markets between 2020 and 2021, rising by billions of dollars, according to Grid Strategies.
PJM asked FERC to delay its capacity auctions to give the RTO time to incorporate rule changes to address reliability concerns.
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