Utility Dive•22 days ago
Pepco Holdings CEO talks rising demand, affordability and PJM market reforms
Key Takeaway
Pepco's CEO signals a strategic push within PJM for new generation, potentially including utility-owned assets, to address affordability and rising demand, indicating future market reforms and opportunities for developers.
AI Summary
- •Pepco Holdings CEO Tyler Anthony advocates for increasing power supplies in PJM, including utility-owned generation, to address affordability challenges.
- •The statement suggests potential PJM market reforms are being considered to incentivize new generation capacity.
- •This indicates a growing need for new generation resources in PJM, potentially creating opportunities for developers and impacting large power consumers through affordability initiatives.
Topics
capacity-marketinterconnectpjmpolicy