PJM Interconnection LLC (PJM)
PJM’s Planning Committee postponed a vote on “quick-fix” manual revisions to expand the use of PMUs and require them for certain projects under the RTEP.
PJM weekday load peaks have come in 10.4% less than than projected before the coronavirus pandemic, the Planning Committee learned.
Stakeholders challenged a proposal to amend the PJM Tariff regarding end-of-life projects at the Transmission Owners Agreement-Administrative Committee.
Participants in PJM’s markets must provide more financial records, corporate information and details of prior defaults under rules effective June 1.
Five generators struck a $10M settlement with MISO and PJM over the RTOs’ past practice of double-charging pseudo-tied generation for congestion fees.
Prompted by Direct Connect and its proposed SOO Green project, PJM stakeholders agreed to consider integrating HVDC converters as a capacity resource.
PJM is moving forward with its plan to hire a consultant to conduct a review of the RTO’s auction revenue rights and financial transmission rights.
The PJM MRC endorsed a proposal to allow market participants to use surety bonds as collateral for all market purposes except financial transmission rights.
Exelon and FirstEnergy called on PJM to police stakeholder sector selections after LS Power had an affiliate improperly voting in the senior committees.
A proposal to open end-of-life transmission projects in PJM to regional planning and competitive bidding was narrowly defeated at the MRC meeting.
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