PJM / NJ Updates
PJM is preventing developers from adding battery storage to existing projects that have extra grid space, which defies a federal mandate. The regional grid operator has…
News Stories: PJM
November 1, 2024
October 29, 2024
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
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
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 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 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
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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