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FERC will impose reforms if PJM fails to adopt changes by September, chairman warns
There appears to be broad support for strengthening the independence of the grid operator’s board, possibly by moving to an advisory stakeholder process, and giving states more influence.
AI Summary
The Federal Energy Regulatory Commission has warned that PJM Interconnection must adopt proposed governance reforms by the end of September or the agency will impose them. The reforms aim to strengthen the independence of PJM’s board, potentially shifting to an advisory stakeholder process. They also seek to give states greater influence over the grid operator. The FERC chairman, Laura Swett, made the statement on Thursday.
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