Pjm

PJM Interconnection, which operates the nation’s largest electric grid, said Monday it has ample resources to match the demand expected to be created this summer, when forecasters predict temperatures will be hotter than normal.

PJM Interconnection on Monday filed a nearly 500-page document with FERC seeking guidance on how competitive wholesale electricity markets should address state subsidies for faltering coal and nuclear power plants, and it put forth proposals to achieve the tricky balance as more legislatures in its service territory consider bailouts for the resources.

With a colder winter expected in its service territory, PJM Interconnection said Wednesday its members are ready with “sufficient resources” to meet this year’s forecasted peak electricity demand of 135,526 MW.

PJM Interconnection released the results Tuesday of its capacity auction for the 2020-2021 period, with natural gas combined-cycle plants accounting for most of the new generation cleared at 2,350 MW.

A coalition of environmental groups is going to court to challenge recently approved changes to PJM Interconnection LLC’s capacity performance rules, claiming the updated model for incentivizing reliability disadvantages renewables in favor of fossil fuels.