New Jersey energy regulators to examine alternatives to PJM capacity market

Author Kelly Andrejasich

New York — New Jersey utility regulators will explore whether the state’s participation in the PJM Interconnection capacity market is the best way to ensure adequate electric generation resources for Garden State ratepayers.

The Board of Public Utilities during a March 27 meeting told staff to investigate whether New Jersey can achieve its long-term clean energy and environmental goals under the current resource adequacy procurement paradigm. If not, staff are to …

US FERC clears PJM plan for review, analysis of transmission cost commitments

Author: Jasmin Melvin

Washington — The cost commitments transmission developers propose to strengthen their competitive bids for projects in the PJM Interconnection footprint must remain voluntary and the grid operator must assess the quality and effectiveness of those binding commitments in its review of project proposals, the US Federal Energy Regulatory Commission said in an order granting PJM’s request to clarify this process. …