PJM Interconnection

MARKET MONITOR FINDS PJM WHOLESALE ELECTRICITY MARKETS COMPETITIVE

Retrieved on: 
Thursday, March 14, 2024
Electricity, PJM, Congestion, ARR, Sportradar, Policy, PJM Interconnection, FTR, Overalls, Wind, LMP, Load, Behavior, MMU, Coal, Kilowatt-hour, Renewable energy

EAGLEVILLE, Pa., March 14, 2024 /PRNewswire/ -- PJM Interconnection's wholesale electric energy market produced competitive results during 2023, according to the 2023 Annual State of the Market Report for PJM released today by Monitoring Analytics, LLC, the Independent Market Monitor for PJM.

Key Points: 
  • EAGLEVILLE, Pa., March 14, 2024 /PRNewswire/ -- PJM Interconnection's wholesale electric energy market produced competitive results during 2023, according to the 2023 Annual State of the Market Report for PJM released today by Monitoring Analytics, LLC, the Independent Market Monitor for PJM.
  • The report is the Independent Market Monitor's assessment of the competitiveness of the wholesale electricity markets managed by PJM in 13 states and the District of Columbia.
  • The report includes analysis of market structure, participant behavior and market performance for each of the PJM markets.
  • The Independent Market Monitor (also known as the Market Monitoring Unit or MMU) evaluates the operation of PJM's wholesale markets to identify ineffective market rules and tariff provisions, proposes improvements to market rules and tariff provisions when needed, monitors compliance with and implementation of the market rules, identifies potential anticompetitive behavior by market participants and provides comprehensive market analysis critical for informed policy and decision making.

PJM Appoints Aftab Khan as Executive Vice President - Operations, Planning & Security

Retrieved on: 
Monday, February 26, 2024
Engineering, Senior, Multimedia, Reliability, News, Rensselaer Polytechnic Institute, ABB, MBA, PJM Interconnection, University, PJM, Electricity, Grid Systems, Carnegie Mellon University, Security, Asthana, Management

VALLEY FORGE, Pa., Feb. 26, 2024 /PRNewswire/ -- PJM Interconnection today announced the appointment of Aftab Khan as Executive Vice President – Operations, Planning & Security. He begins his role on March 11, 2024.

Key Points: 
  • VALLEY FORGE, Pa., Feb. 26, 2024 /PRNewswire/ -- PJM Interconnection today announced the appointment of Aftab Khan as Executive Vice President – Operations, Planning & Security.
  • Khan will report to PJM President and CEO Manu Asthana and will have overall responsibility for grid operations, transmission planning, cybersecurity and physical security, and business continuity.
  • As a member of PJM's Executive Team, Khan will work closely with PJM's CEO, other Executive Team members, and the Reliability & Security Committee of the PJM Board to coordinate PJM's grid operations and transmission planning, ensure both cybersecurity and physical security for the organization, and oversee business continuity efforts.
  • Prior to that, Khan spent 24 years with ABB in a variety of roles, including Senior Vice President – Power Transformers, North America; President – Power Systems Division, Saudi Arabia; and Senior Vice President – Grid Systems, North America.

NuEnergen Announces Partnership with OBM Foreman to Automate Energy Curtailment for the Southwest Power Pool

Retrieved on: 
Tuesday, January 23, 2024
ERCOT, MISO, Wind, Electricity, Partnership, OBM, Mining, PJM Interconnection, SPP, Miner, NYISO, Cryptocurrency

WHITE PLAINS, N.Y., Jan. 23, 2024 /PRNewswire/ -- Demand response services provider and energy management consultant NuEnergen announced today a partnership to bring automated demand response to users of the Southwest Power Pool ("SPP") through a collaboration with OBM Foreman ("Foreman"), an industry leading miner management and curtailment software provider. This integration allows for rapid response to grid constraints by adjusting crypto mining operations with high precision to the demand response needs of the SPP.

Key Points: 
  • When the SPP experiences constraint on the energy grid, NuEnergen signals Foreman's software to trigger crypto miners to drop their loads to the exact amount needed.
  • "Foreman's precision load management ensures a balanced grid without resorting to rolling blackouts or brownouts," said Daniel Lawrence, CEO of OBM Foreman.
  • With the use of Foreman, NuEnergen's customers can more precisely automate their energy usage in response to energy supply shortages, high demand, price increases, and other stresses on the SPP electric grid.
  • "We are delighted to be able to offer our customers a fully integrated, streamlined and affordable solution to energy curtailment," said Kevin Hamilton, Founder and CEO of NuEnergen.

PJM Appoints Former Maryland Regulator Jason Stanek to New Governmental Services Role

Retrieved on: 
Monday, January 22, 2024
House, Policy, Multimedia, Commerce, Electricity, State, PSC, Tulane University, Executive, PJM, PJM Interconnection, Maryland Public Service Commission, State government, News, Federal Energy Regulatory Commission, Energy

VALLEY FORGE, Pa. , Jan. 22, 2024 /PRNewswire/ -- PJM announces the appointment of Jason Stanek, former chair of the Maryland Public Service Commission, to the new role of Executive Director – Governmental Services.

Key Points: 
  • VALLEY FORGE, Pa. , Jan. 22, 2024 /PRNewswire/ -- PJM announces the appointment of Jason Stanek, former chair of the Maryland Public Service Commission, to the new role of Executive Director – Governmental Services.
  • Stanek will report to Sr. Vice President Asim Haque, whose department has been renamed Governmental & Member Services, emphasizing the importance of state and federal governments to PJM.
  • "Jason brings a wealth of experience to PJM that will benefit both PJM and its stakeholders," Haque said.
  • "He was a thoughtful, knowledgeable and independent regulator who will further bolster the depth and breadth of our engagement."

Energy Regulatory Lawyer Ruta Kalvaitis Skučas Joins Crowell & Moring

Retrieved on: 
Thursday, January 18, 2024
Nature, General counsel, Environment, K&L Gates, Policy, Lawyer, Electricity, Ministry of Energy, University, Private practice, D.C, Midcontinent Independent System Operator, Crowell & Moring, PJM Interconnection, Nonprofit organization, FERC, Federal Energy Regulatory Commission, Growth, Public utility

WASHINGTON, Jan. 18, 2024 /PRNewswire/ -- Ruta Kalvaitis Skučas has joined Crowell & Moring as a partner in the firm's Environment, Energy, and Natural Resources Practice Group.

Key Points: 
  • WASHINGTON, Jan. 18, 2024 /PRNewswire/ -- Ruta Kalvaitis Skučas has joined Crowell & Moring as a partner in the firm's Environment, Energy, and Natural Resources Practice Group.
  • She brings more than two decades of experience advising clean energy developers, traders, and technology companies on energy issues before the Federal Energy Regulatory Commission (FERC), the U.S. Department of Energy, and state public utility commissions.
  • Skučas focuses on electric and natural gas matters and has extensive experience in energy trading, including on compliance and enforcement matters.
  • Her clients include clean energy developers, energy trading companies, generation and merchant transmission developers in the FERC regulatory space, non-traditional energy companies, technology companies, and emerging ventures.

LS Power to Acquire Natural Gas Power Plant From Platinum Equity

Retrieved on: 
Tuesday, January 16, 2024
Weather, Wind, Electricity, Platinum Equity, Platinum, Carbon, Scotiabank, Guggenheim, EVgo, PJM Interconnection, Acquisition, Renewable energy

NEW YORK, Jan. 16, 2024 /PRNewswire/ -- LS Power today announced that it has reached an agreement with an affiliate of Platinum Equity to acquire the Hunterstown natural gas-fired power plant in Gettysburg, Pennsylvania.

Key Points: 
  • NEW YORK, Jan. 16, 2024 /PRNewswire/ -- LS Power today announced that it has reached an agreement with an affiliate of Platinum Equity to acquire the Hunterstown natural gas-fired power plant in Gettysburg, Pennsylvania.
  • The 810-megawatt combined cycle gas-fired power generation facility is located in the PJM Interconnection, and the transaction is expected to close in Q2 2024.
  • "Hunterstown will join LS Power's fleet of flexible gas-fired generation, a portfolio of assets with the dynamic ramping attributes critical to a successful clean energy transition," said Nathan Hanson, President of LS Power Generation.
  • LS Power's gas generation fleet spans 12 states and consists primarily of peaking plants along with combined cycle facilities.

New Interconnection Process Reaches Next Milestone

Retrieved on: 
Thursday, December 21, 2023
Documentation, Federal Energy Regulatory Commission, PJM Interconnection, Planning, Multimedia, Fastlane, Electricity, Transition, News, PJM, Frequentative, Renewable energy

VALLEY FORGE, Pa., Dec. 21, 2023 /PRNewswire/ -- PJM's reformed interconnection process has reached another landmark and is expected to clear 300 new generation projects totaling 26,000 MW in 2024, marking significant progress in the integration of renewables and other generation in the nation's largest electric grid.

Key Points: 
  • "Interconnection process reform is delivering on the commitment made by PJM and its stakeholders to speed the study process for the thousands of new generation projects to connect with the PJM grid," said Ken Seiler, Sr. Vice President of Planning.
  • PJM's new interconnection process was implemented in July, with 734 projects eligible to be evaluated in the first step.
  • PJM's interconnection process reform, widely supported by stakeholders, was approved by the Federal Energy Regulatory Commission in November 2022.
  • PJM's transition to its new interconnection process sets the stage for more than 260,000 MW of mostly renewable projects to be studied over the next three years.

PJM Announces Executive Appointments

Retrieved on: 
Tuesday, November 28, 2023
Pennsylvania State University, Business continuity planning, Ancillary services (electric power), Identity, PJM Interconnection, NERC, Electricity, Demand, News, Organization, Apex, Executive, Access management, Multimedia, Asthana, Midcontinent Independent System Operator, Senior, Security, Enterprise information security architecture, Nova Southeastern University, Physical, GDI Integrated Facility Services, Policy, McElwee, Bresler, Mineral, Master of Management, PJM, Doctor of Philosophy, Humanity, Finance, Capacity, NERC CIP, Customer identity access management, Management, Renewable energy, Risk management, Science

VALLEY FORGE, Pa., Nov. 28, 2023 /PRNewswire/ -- President and CEO Manu Asthana announced today a series of organizational changes that will best equip PJM to maintain reliability and security, support competitive markets, and help prepare for the grid of the future.

Key Points: 
  • PJM will also launch an executive search for the new role of Executive Vice President – Operations, Planning & Security, created to support the expanding complexity of grid operations and planning for a system undergoing significant transition.
  • "PJM and its stakeholders have come to rely on his expertise, diligence, leadership and his willingness to listen to all viewpoints that can help PJM ensure a reliable energy transition."
  • PJM is engaged in a search for a new Executive Vice President – Operations, Planning & Security.
  • For the latest news about PJM, visit PJM Inside Lines at insidelines.pjm.com .

ArcLight Appoints Andrew L. Ott as a Senior Advisor

Retrieved on: 
Monday, November 13, 2023
Arclight, DTE Energy, Toronto Hydro, PJM, PJM Interconnection, Tapestry, Senior advisor, Technical, Electricity, Entergy, Vistra Corp, Management, Renewable energy

BOSTON, Nov. 13, 2023  /PRNewswire/ -- ArcLight Capital Partners, LLC (together with its affiliates, "ArcLight"), a leading middle market infrastructure investment firm, has appointed Andrew L. Ott, former President and CEO of PJM Interconnection ("PJM"), as a Senior Advisor. Mr. Ott will work with ArcLight on new investment opportunities in the power, infrastructure, and energy transition sectors.

Key Points: 
  • BOSTON, Nov. 13, 2023 /PRNewswire/ -- ArcLight Capital Partners , LLC (together with its affiliates, "ArcLight"), a leading middle market infrastructure investment firm, has appointed Andrew L. Ott, former President and CEO of PJM Interconnection ("PJM"), as a Senior Advisor.
  • Mr. Ott will work with ArcLight on new investment opportunities in the power, infrastructure, and energy transition sectors.
  • While at PJM, Mr. Ott helped launch the wholesale energy market and held a number of senior leadership positions before becoming CEO in 2015.
  • "ArcLight is well positioned to navigate the transformation from traditional to sustainable power infrastructure," said Mr. Ott.

MARKET MONITOR FINDS PJM WHOLESALE ELECTRICITY MARKETS COMPETITIVE

Retrieved on: 
Thursday, November 9, 2023
Sportradar, Behavior, Wind, Policy, PJM Interconnection, FTR, PJM, Load, MMU, ARR, LMP, Electricity, IMM, CP, Kilowatt-hour, Overalls, Rare-earth element, Renewable energy

EAGLEVILLE, Pa., Nov. 9, 2023 /PRNewswire/ -- PJM Interconnection's wholesale electric energy market produced competitive results during the first nine months of 2023, according to the 2023 Quarterly State of the Market Report for PJM: January through September released today by Monitoring Analytics, LLC, the Independent Market Monitor for PJM.

Key Points: 
  • 2023 Quarterly State of the Market Report for PJM: January through September
    EAGLEVILLE, Pa., Nov. 9, 2023 /PRNewswire/ -- PJM Interconnection's wholesale electric energy market produced competitive results during the first nine months of 2023, according to the 2023 Quarterly State of the Market Report for PJM: January through September released today by Monitoring Analytics, LLC, the Independent Market Monitor for PJM.
  • The report is the Independent Market Monitor's assessment of the competitiveness of the wholesale electricity markets managed by PJM in 13 states and the District of Columbia.
  • The report includes analysis of market structure, participant behavior and market performance for each of the PJM markets.
  • The Independent Market Monitor (also known as the Market Monitoring Unit or MMU or IMM) evaluates the operation of PJM's wholesale markets to identify ineffective market rules and tariff provisions, proposes improvements to market rules and tariff provisions when needed, monitors compliance with and implementation of the market rules, identifies potential anticompetitive behavior by market participants and provides comprehensive market analysis critical for informed policy and decision making.