Energy & Grid Management
Thu, Oct 1
Molly Glick
Molly Glick
Energy Central Team
·Posted in Energy & Grid Management

NEWS: PJM has wrapped up weeks of negotiations over governance reforms…and a key conflict remains.

  • The background: As we all know, PJM is struggling to lower capacity prices and clear its interconnection queue. That’s why FERC gave PJM two months to fix its fraught decision-making process, which states claim favors industry members like utilities and generators.

  • The latest: On Wednesday, these industry members voted for a proposal that would further increase their power at states’ expense, according to Jameson Tweedie, public advocate for the state of Delaware. “This has failed the task presented by FERC,” Tweedie wrote on LinkedIn. “It has also failed the interests of the customers and states PJM serves.”

  • A closer look: This plan will expand members’ filing rights and position states as “third-tier participants,” state officials wrote in a letter to Paula Conboy, chair of the PJM Board of Managers.

  • While we’re here: PJM recently launched the initial review phase of its “first-ready, first-served” interconnection process, which includes around 80 GW of natural gas, 50 GW of storage, 18 GW of nuclear, and 9.4 GW of solar.

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