Continued improvements in generator performance in the region served by PJM are helping to reduce the percentage of reserve capacity needed to ensure the reliability of the system. This is reflected in the results of PJM’s 2020 Reserve Requirement Study, endorsed Nov. 19, by the Members Committee. The PJM Board of Managers approved the new Installed Reserve Margin … [Read more...] about Capacity Reserve Needs Shrink With Increased Generator Efficiency
Transmission and Distribution
PJM, NJ Collaboration Marks Milestone for Regional Grid Planning
PJM has marked a milestone in its regional transmission planning process that underscores our commitment to working with states to achieve their individual energy goals. On Nov. 18, the New Jersey Board of Public Utilities unanimously voted to collaborate with PJM to advance that state’s ambitious offshore wind goals through a never-before-used provision of PJM’s … [Read more...] about PJM, NJ Collaboration Marks Milestone for Regional Grid Planning
PJM Reestablishes Capacity Auction Schedule
PJM has announced a schedule for its next five annual capacity auctions following an order issued by the Federal Energy Regulatory Commission on Nov. 12. PJM has scheduled the next capacity auction, for the 2022/2023 Delivery Year, to open May 19, 2021, and close May 25, 2021. PJM will post auction results after 4 p.m. on June 2. Subsequent auctions will be held on an … [Read more...] about PJM Reestablishes Capacity Auction Schedule
PJM, NJ Collaborate to Advance State’s Offshore Wind Goals Through Regional Planning Process
PJM and the New Jersey Board of Public Utilities on Nov. 18, announced a landmark effort to help the state of New Jersey advance its ambitious offshore wind goals through an existing but never-before-used provision of PJM’s transmission planning process. It is the first time a jurisdiction within the PJM footprint has requested that PJM initiate the State Agreement … [Read more...] about PJM, NJ Collaborate to Advance State’s Offshore Wind Goals Through Regional Planning Process
PJM and Members Prepared to Serve Winter Electricity Demand; 65 Million Customers Served Reliably Through Summer 2020
PJM Interconnection and its members are ready to meet the forecasted demand for electricity this winter for 13 states and the District of Columbia. PJM, which operates the grid serving 65 million people, expects to have over 186,000 MW of resources available to meet the forecasted peak demand of around 136,000 MW. PJM’s all-time winter peak is 143,295 MW, set on Feb. … [Read more...] about PJM and Members Prepared to Serve Winter Electricity Demand; 65 Million Customers Served Reliably Through Summer 2020