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News Stories: PJM

October 29, 2024
PJM

Retail Suppliers Warn Proposed ~1,000% Increase In PJM Minimum Capital Requirement To $5 Million Will Drive Retail Suppliers Out Of Business

Retail energy suppliers consistently warn that a $5 million capitalization requirement being considered for PJM market participants could potentially cause many small…

October 25, 2024
PJM

Five Governors Urge PJM To Reform Capacity Market Rules

In a letter from the governors of Delaware, Illinois, Maryland, New Jersey and Pennsylvania sent Friday to PJM. the Five governors are urging the PJM Interconnection to…

October 15, 2024
District of Columbia

OPC Files Petition For Investigation Into The Impact Of The PJM Capacity Auction And Request For Establishment Of Task Force To Develop Solutions

From Petition: Pursuant to Rules 101.1 and 105.8 of the Rules of Practice and Procedure of the Public Service Commission of the District of Columbia (“PSC” or…

PJM

PJM Seeks Waiver From FERC To Delay Next Three Base Rate Auctions

PJM files waiver request seeking permission to delay its next three base capacity auctions by about six months each through the 2029/30 delivery year. The first one is…

October 11, 2024
PJM

PJM Intends To Delay 2026/2027 Base Residual Auction For Six Months

In a notice PJM Interconnection announce its plan to delay its upcoming base residual capacity auction for about six months to give it time to craft reforms to its…

July 30, 2024
PJM

Rest of RTO Capacity Prices Spike 10x In PJM 2025/2026 Capacity Auction -Exceed $250/MW-day

Rest-of-RTO capacity prices jumped by nearly 10 times in PJM’s base residual auction for capacity for the 2025-26 delivery year, while fewer zones experienced…

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