PJM Interconnection LLC (PJM)
After several months of debate, PJM stakeholders endorsed an issue charge aimed at addressing compensation for reactive supply and voltage control service.
Stakeholders challenged PJM on the methodology the RTO used in its 2021 fuel security analysis, saying it may not be capturing all risks from severe weather.
The early impacts of PJM’s first capacity auction in three years began to emerge Thursday as Exelon reiterated plans to retire two of its nuclear plants.
Capacity prices in most of PJM dropped by nearly two-thirds for 2022/23, with EMAAC and SWMAAC recording their lowest prices ever.
A summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability Committee meeting on May 26, 2021.
PJM stakeholders endorsed a proposal to allow transmission facilities avoid being designated as critical infrastructure under NERC standard CIP-014.
The future of the Independence Energy Connection transmission project is in doubt after the Pennsylvania PUC rejected siting applications.
FERC accepted PJM’s compliance filing on its rules for fast-start resources, allowing tariff changes to take effect by July.
FERC rejected the FTR forfeiture rule PJM has been using for more than four years, saying it and could discourage legitimate hedging activity.
FERC threatened GreenHat Energy and its owners with $229 million in civil penalties over the company’s 890 million MWh default of its FTR portfolio in PJM.
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