POWER MAGAZINE reports on Advanced Energy United's webinar, "How PJM Can Deliver Affordable, Reliable Power Faster," where expert panelists, including United's Director Jon Gordon and Managing Director Morgan Pinnell, examined how PJM can deliver the reliable, sustainable, and affordable power its 13-state region needs to meet growing energy demand.
POWER Magazine: PJM Market Challenges Demand Bold Reforms, Experts Warn
Topics: United In The News, Transmission, Jon Gordon, Permitting and Siting, Morgan Pinnell, Interconnection
RTO Insider reports that the PJM Board of Managers have approved $6 billion for the Regional Transmission Expansion Plan. United's Jon Gordon spoke about the plan's lack of comprehensive regional planning and competitive bidding, noting the total 5-year cost is approaching $40 billion, which will be passed directly on to ratepayers.
Topics: United In The News, Transmission, Jon Gordon, Interconnection
Faulty Interconnection Processes Costing PJM Consumers Billions, New Report Finds
PJM’s inability to quickly connect new large-scale energy sources to the grid cost consumers $7 billion in latest capacity auction, found new Grid Strategies analysis
WASHINGTON, DC – Electricity prices across the Mid-Atlantic and Midwest are set to soar, but a new analysis finds that consumer electricity costs could have been reduced by as much as $7 billion dollars in PJM Interconnection’s latest capacity auction had the grid operator’s interconnection process been working more efficiently to bring needed supply online to match demand.
The finding comes from a new analysis from the consulting firm Grid Strategies, “Penny-wise and pound foolish:PJM’s Capacity Auction Demonstrates the Cost Imperative of Simplified and Speedy Interconnection.” The report was prepared for national business association Advanced Energy United, and explores PJM as a specific case study of a broader national trend.
Topics: Wholesale Markets, Press Releases, Jon Gordon, Interconnection
Canary Media: How PJM Can Get the Power That It Needs — and Fast
To address potential electricity shortages, PJM Interconnection has proposed measures to expedite the development of new power plants in order to enhance grid reliability. Canary Media spoke with clean energy advocates, including United's Caitlin Marquis, who argued that reforming current interconnection processes and investing in grid expansion could facilitate the integration of advanced energy solutions to meet electricity demand while supporting decarbonization goals.
Topics: Wholesale Markets, United In The News, Caitlin Marquis, Interconnection
Erie News Now: PJM Plan to Fast Track Reliable Energy Approved by Federal Government
The Federal Energy Regulatory Commission (FERC) has approved PJM Interconnection's proposal to expedite the development of new power plants. Erie New Now spoke with United's Jon Gordon who explained that this new approach favors fossil fuels over clean energy solutions and does not address the root of the issue, which is a faulty interconnection process.
Topics: Wholesale Markets, United In The News, Jon Gordon, Interconnection
Inside Climate News: Mid-Atlantic States, PJM Agree to Price Cap for Capacity Auction, Temporarily Easing Energy Affordability Concerns
Inside Climate News reports that PJM Interconnection has reached a settlement with Pennsylvania to cap capacity auction prices, aiming to mitigate soaring electricity costs. United's Jon Gordon emphasized the importance of PJM completing the auction quickly and efficiently to reduce market uncertainty.
Topics: United In The News, Pennsylvania, Jon Gordon, Interconnection
Inside Climate News: Clean Energy Industry Questions a New PJM Proposal That Could Move Fossil Fuel Projects to the Front of the Interconnection Queue
Inside Climate News reports that PJM Interconnection’s new proposal could potentially push fossil fuel projects to the front of the interconnection queue over renewable energy projects. United director Jon Gordon and other business groups expressed concern over the proposal, questioning whether PJM’s plan will actually enhance grid reliability while pushing renewables to the side.
Topics: United In The News, Jon Gordon, Interconnection