Article
FERC Will Impose Reforms If PJM Fails To Adopt Changes By September, Chairman Warns
FERC Will Impose Reforms If PJM Fails To Adopt Changes By September, Chairman Warns
By Ethan Howland of UtilityDive
The PJM Interconnection has until the end of September to agree to governance and stakeholder reforms or the Federal Energy Regulatory Commission will impose them, the agency’s chairman, Laura Swett, said Thursday.
“PJM is facing a grave legitimacy crisis,” Swett said at a technical conference FERC held on the grid operator’s governance issues. “Some transmission owners are openly discussing leaving the RTO altogether. Put plainly, market participants have lost confidence in PJM’s decision-making...
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