How many customers in pjm




















Crane LLC C. CWP Energy Inc. Calpine Energy Services, L. Castleton Commodities Merchant Trading L. Central Electric Power Cooperative, Inc. Interstate Gas Supply, Inc. East Kentucky Power Cooperative, Inc. Enel X North America, Inc. The American Municipal Power, Inc. Evergy Metro, Inc.

Galt Power, Inc. Energy Services U. Hemsworth Capital, L. Homer City Generation, L. IDT Energy, Inc. Other Supplier Affiliate Member Icetec. Large regional markets such as PJM have also fostered innovation through competition, thereby shaping the future of clean energy technology and reducing greenhouse gas emissions in the process. By cultivating an environment in which all resources renewables, natural gas, nuclear, etc. Many of these companies develop, own, and invest in all resources and technologies including natural gas, coal, wind, solar, hydropower, geothermal, nuclear, biomass, and storage.

Competitive power suppliers are industry leaders in efficient, cost-effective clean energy investment and emissions reductions while providing least- cost, reliable electricity. Regional market competition and coordination has been a success for PJM customers, but out-ofmarket policies, subsidies and bailouts, inefficient state policies, and options like the Fixed Resource Requirement undermine future cost savings and efficient decarbonization.

Nondiscriminatory, targeted approaches that harness the benefits of competition — such as carbon pricing or a well-designed Clean Energy Standard — will yield innovation and least-cost solutions to meet the future. Regional wholesale electricity markets like PJM Interconnection provide significant benefits for customers and reliability. Electricity is the bedrock of modern life — from lighting our homes to powering life-saving operations, we rely on the promise of ample power generation at any given time.

To ensure reliable service for today and tomorrow, PJM operates a capacity market that secures electricity commitments from power providers at a set offer price up to three years in advance. If generators fail to deliver power when it is most needed, they must pay a significant penalty.

This helps ensure that electricity consumers enjoy affordable, reliable electricity service through peaks and valleys in demand. In regional wholesale markets like PJM, the government does not select winners and losers. Rather, customers win because companies are able to compete. The chart in Figure 1 shows that wholesale power prices, adjusted for inflation, have remained essentially flat since the advent of competitive markets in — and today are at historically low levels.

Wholesale power markets have allowed customers to benefit from both falling natural gas prices and competition among generators to supply electricity at the least cost. Large regional markets and grid operators such as PJM have shaped the future of clean energy technology by spurring and encouraging innovation to reduce greenhouse gas emissions.

While some claim that meeting environmental goals and addressing growing energy demand are at odds, the truth is competitive power suppliers can improve the environment, advance our economy, protect low-income customers, and ensure reliability. But we must preserve and expand competitive processes to accomplish this goal.

Emissions reductions in competitive power markets are largely the result of competition encouraging the entry of new, more efficient technologies. Tuesday, November 16, Relay Subcommittee. Risk Management Committee. Wednesday, November 17, Members Committee. Thursday, November 18, Relay Testing Subcommittee. Interconnection Process Reform Task Force. Friday, November 19, Monday, November 22, Independent State Agencies Committee.

Tuesday, November 23, Capacity Capability Senior Task Force. View Stakeholder Group. Dispatcher Training Subcommittee. Finance Committee. Wednesday, November 24, Thursday, November 25,



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