PJM Interconnection is a regional transmission organization (RTO) that coordinates the movement of wholesale electricity in all or parts of Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and the District of Columbia.
What states are part of the PJM?
PJM Interconnection coordinates the movement of electricity through all or parts of Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and the District of Columbia. Map of PJM territory served PDF (6MB)
Is Dominion Virginia energy leaving PJM?
A recent article in a major trade publication may have left some readers with the impression that Dominion Virginia Energy was leaving PJM, the regional market and grid operator whose footprint spans 13 states and Washington DC, over the region from the mid-Atlantic seaboard to as far west as Chicago. This is not the case.
What does the PJM do?
The organization continues to integrate additional utility transmission systems into its operations. The Federal Energy Regulatory Commission (FERC) regulates PJM and approves its open access transmission tariff for the wholesale electricity market.
Who regulates PJM?
The Federal Energy Regulatory Commission (FERC) regulates PJM and approves its open access transmission tariff for the wholesale electricity market. In 1927 the Public Service Electric and Gas Company, Philadelphia Electric Company, and Pennsylvania Power & Light Company formed a power pool called the Pennsylvania-New Jersey Interconnection.
Is Dominion part of PJM?
The operational and planning functions of Dominion Energy's electric transmission system are provided by PJM Interconnection, a regional transmission organization (RTO). PJM Interconnection ensures the reliability of the largest centrally dispatched electric grid in the world.
Where is PJM located?
Valley Forge, Pa.PJM is headquartered in Valley Forge, Pa., about 20 miles northwest of Philadelphia.
What is PJM stand for?
Started in 1927, the pool was renamed the Pennsylvania-New Jersey-Maryland Interconnection (PJM) in 1956. The organization continues to integrate additional utility transmission systems into its operations.
Is Ohio in PJM or MISO?
PJM manages electricity transmission services for a region that includes more than 44 million people in all or parts of Delaware, Indiana, Illinois, Kentucky, Maryland, Michigan, New Jersey, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and the District of Columbia.
What states are in PJM Interconnection?
PJM Interconnection coordinates the movement of electricity through all or parts of Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and the District of Columbia.
Is Duke energy part of PJM?
MISO or PJM are the Transmission Providers for the Duke Energy Midwest transmission systems.
How many zones are in PJM?
20 control zonesIn 2017, the PJM footprint included 20 control zones located in Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and the District of Columbia (Figure A-1).
Who runs PJM?
Bresler III. Frederick S. “Stu” Bresler is responsible for all aspects of PJM's market functions. His responsibilities cover all of the markets operated by PJM, including those for capacity, Day-Ahead and Real-Time Energy, ancillary services, Financial Transmission Rights and demand response operations.
How many nodes are in PJM?
The PJM interconnection contains over 11,000 nodes for which an hourly day-ahead or real-time prices are reported. These nodes are specific generation or load locations, aggregates of various locations, regions, or points of interconnection with areas outside of PJM.
What states are in MISO?
One of seven regional transmission organizations and independent system operators operating in the US, MISO is a not-for-profit quasi-governmental organization that ensures the reliable, least-cost delivery of electricity across all or parts of 15 US states (Arkansas, Illinois, Indiana, Iowa, Kentucky, Louisiana, ...
What is MISO and PJM?
The Midcontinent Independent System Operator (MISO) and PJM Interconnection (PJM), are both operators of regional transmission systems and provide access to wholesale power markets.
What is MISO region?
(MISO) is an Independent System Operator (ISO) and Regional Transmission Organization (RTO) providing open-access transmission service and monitoring the high-voltage transmission system in the Midwest United States and Manitoba, Canada and a southern United States region which includes much of Arkansas, Mississippi, ...
What is PJM region?
PJM Interconnection is a regional transmission organization (RTO) that coordinates the movement of wholesale electricity in all or parts of Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and the District of Columbia.
How many employees does PJM have?
985 employeesPJM Interconnection is a medium utilities company with 985 employees and an annual revenue of $920.0M that is headquartered in Pennsylvania. To ensure the safety, reliability and security of the bulk electric power system. Create and operate robust, competitive and non-discriminatory electric power markets.
Who runs PJM?
Bresler III. Frederick S. “Stu” Bresler is responsible for all aspects of PJM's market functions. His responsibilities cover all of the markets operated by PJM, including those for capacity, Day-Ahead and Real-Time Energy, ancillary services, Financial Transmission Rights and demand response operations.
What does PJM stand for in project management?
PJMAcronymDefinitionPJMProject ManagerPJMProject Management MethodPJMPennsylvania New Jersey Maryland Interconnection LLC (Mid-Atlantic region power pool)PJMPuerto Jimenez, Costa Rica (Airport code)4 more rows
What is PJM Connext?
PJM Connext is a subsidiary of PJM Interconnection that combines deep electricity industry experience with cutting-edge thinking to offer powerful consulting, training and operational services to the global energy industry.
What is PJM electricity?
Acting as a neutral, independent party, PJM operates a competitive wholesale electricity market and manages the high-voltage electricity grid to ensure reliability for more than 65 million people. PJM’s long-term regional planning process provides a broad, interstate perspective that identifies the most effective and cost-efficient improvements ...
What is PJM settlement?
is FERC-regulated public utility affiliate of PJM Interconnection LLC that handles all market settlements, billing issues, credit management and financial settlements for the wholesale electricity market and other transactions conducted by PJM members. PJM Settlement reduces PJM members' credit risk by providing clear legal standing for PJM Settlement to collect unpaid balances of defaulted payments on behalf of other members, who have to share the costs of a payment default. All current PJM members are also members of PJM Settlement, Inc. PJM Settlement, Inc. is a Pennsylvania nonprofit corporation that has a service agreement with PJM to provide and retain services, including PJM staff support.
What is PJM EIS?
The focus of PJM-EIS is to provide the reporting and data tracking services of both emissions and renewable energy credits also known as renewable energy certificates. Services are administrated by PJM EIS through the Generation Attribute Tracking System, which is owned and operated by PJM EIS. For generation owners—large merchant, small business or residential generation owners—the GATS tracks the generator’s electric output for the issuance of the applicable RECs. The GATS also tracks the ownership of those RECs through their use by an electric utility for state Renewable Portfolio Standard compliance.
What is PJM interconnection?
PJM Interconnection is a regional transmission organization (RTO) that coordinates the movement of wholesale electricity in all or parts of Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and the District of Columbia.
Is PJM a non profit?
All current PJM members are also members of PJM Settlement, Inc. PJM Settlement, Inc. is a Pennsylvania nonprofit corporation that has a service agreement with PJM to provide and retain services, including PJM staff support.
Overview
The Virginia Clean Economy Act (April 2020) establishes a mandatory Renewable Portfolio Standard (RPS), which sets Virginia on a path to reach 100 percent clean electricity by 2050. The law applies to two large investor-owned utility companies in the state, Dominion Energy and Appalachian Power Company.
Geographic Eligibility
From 2021 to 2024, Dominion and Appalachian Power may use RECs from any renewable energy facility located in Virginia or located within the PJM region. In 2025 and thereafter, at least 75% of all RECs used by Dominion must be sourced from RPS Eligible resources located in Virginia.
Banking
RECs can be used in the year the renewable energy was generated or the five calendar years thereafter.
Contacts
Shepelle White , Deputy Director Division of Public Utility Regulation Virginia State Corporation Commission (804) 371-9050 Allison Samuel , Deputy Director Division of Public Utility Regulation Virginia State Corporation Commission (804) 225-3177
Where is PJM located?
PJM, headquartered in Valley Forge, Pennsylvania, was the world's largest competitive wholesale electricity market until the development of the European Integrated Energy Market in the 2000s. More than 1,000 companies are members of PJM, which serves 65 million customers and has 180 gigawatts of generating capacity.
Who regulates PJM?
The organization continues to integrate additional utility transmission systems into its operations. The Federal Energy Regulatory Commission (FERC) regulates PJM and approves its open access transmission tariff for the wholesale electricity market.
What is the pathway of PJM?
PJM was able to manage the two territories in a single market by a mechanism known as "the pathway", a set of firm contracts that transferred energy from ComEd through third party control areas to the eastern PJM markets and beyond.
What color is PJM?
Regional transmission organizations of North America. The PJM Interconnection is in dark blue.
When was PJM designated an RTO?
PJM was designated an RTO by the FERC in 2001.
When did PJM become an ISO?
PJM became an ISO in 1997. The concept of an independent system operator evolved into that of regional transmission organizations (RTOs). FERC's intention was that all U.S. companies owning interstate electric transmission lines would place those facilities under the control of an RTO..
When did Allegheny Power join the PJM?
In April 2002 , Allegheny Power (AP) was the first external control area to join the PJM RTO as a market participant; "PJM Classic" and AP operated as a single control area, filling the roles of balancing authority, interchange authority, market operator and transmission operator.
Where are James Madison's papers published?
The Papers of James Madison are currently published by the University of Virginia Press. Funding for the project is provided by grants from the National Endowment for the Humanities, the National Historical Publications and Records Commission, and the Packard Humanities Institute, as well as by contributions from private individuals.
What is the paper of James Madison?
The Papers of James Madison is a non-profit documentary editing project established to procure, edit, annotate, and publish the lifetime correspondence of James Madison. Letters to and from Madison and enclosures, nearly 38,000 documents to date, are published in four series reflecting the primary stages of Madison's adult life: Congressional, ...
Who is leaving PJM?
Rodan Energy Solutions (USA) Inc. A recent article in a major trade publication may have left some readers with the impression that Dominion Virginia Energy was leaving PJM, the regional market and grid operator whose footprint spans 13 states and Washington DC, over the region from the mid-Atlantic seaboard to as far west as Chicago.
Is LS Power a PJM?
No. In fact, LS Power, a large generating company with facilities in the Dominion territory, has filed a complaint with the Federal Energy Regulatory Commission alleging that Dominion and PJM have not properly followed their rules. LS Power is seeking to have Dominion’s move invalidated. If successful, this would force Dominion to participate in the upcoming PJM capacity auction.
Is Dominion under pressure from Virginia?
Meanwhile, Dominion is under pressure from the state of Virginia, in the form of the Virginia Clean Economy Act, to aggressively pursue clean energy goals by acquiring exactly the types of resources that would run afoul of the enhanced MOPR.
Will MOPR be changed?
Since then, the Biden administration has indicated that the MOPR, which is perceived as working against low-carbon resources like wind and solar, needs to be changed, and they likely will be changed in the next year. However, MOPR will still be in place for the next PJM capacity auction in May.
What is PJM capacity market?
The capacity market that has been run by PJM since 2006 is designed to ensure that electric generation in a region can meet demand in the long term.
What is MOPR in PJM?
In a nutshell, MOPR sets a lower limit on prices in the capacity market. Originally designed to keep players who both buy and sell capacity in the market from artificially driving down prices, MOPR had historically been applied to natural gas resources within PJM’s capacity market. But in 2019, FERC extended that price floor to any resource that received a “state subsidy,” a term regulators interpreted broadly to include virtually all new power sources that were incentivized by state policy.
How long does it take to notify PJM of FRR?
PJM rules say that any capacity market participant electing the FRR option has to notify the regional organization’s Office of the Interconnection “no less than four months” before the capacity auction, which began this week on Tuesday.
Where is the Dominion wind farm located?
Dominion Energy installed two test turbines to generate power 27 miles off the coast of Virginia Beach as a precursor what the company hopes will be the largest offshore wind project in the United States. (Dominion Energy)
Is Dominion weighing its own exit?
Dominion also began weighing its own exit. In March 2020, according to SPGlobal, Dominion vice president of business development Emil Avram told participants in a forum convened by the American Council on Renewable Energy that “really the only alternative” vertically integrated utilities have “is to elect a fixed resource requirement.”
Did Dominion choose fixed resource requirement?
Despite those statements, the announcement that Dominion had chosen the fixed resource requirement last month caused a buzz.
Does Virginia require regulatory approval for electric power?
Virginia state law does not require regulatory or legislative approval of utilities’ capacity market decisions, and American Electric Power, the parent company of Appalachian Power, has operated under the fixed resource requirement since the capacity market began operating.
Overview
History
In 1927 the Public Service Electric and Gas Company, Philadelphia Electric Company, and Pennsylvania Power & Light Company formed a power pool called the Pennsylvania-New Jersey Interconnection. The purpose of the power pool was to dispatch electric generating plants on a lowest cost basis, thereby reducing the electric costs for all members of the pool.
After Baltimore Gas and Electric Company and General Public Utilities joined in 1956, the pool wa…
Transmission system planning and upgrades
PJM uses a fifteen-year planning horizon for planning transmission system upgrades. Under PJM's Regional Transmission Expansion Planning (RTEP) process, PJM considers forecasts of load growth and additions of demand response, interconnection requests for new and planned retirements of existing generating plants, and possible solutions to mitigate congestion on the transmission system. If the upgrade involves the construction of a new transmission line, local s…
Pricing
PJM uses nodal pricing, also known as locational marginal pricing, and publishes a map of price levels throughout its area.
External links
• PJM Interconnection website
• PJM LMP Map
• PJM Interregional Data Map