AUDUBON, PA – Sen. Gene Yaw (R-23), Chair of the Senate Environmental Resources and Energy Committee, is among the testifiers scheduled to present comments before the PJM Board of Managers during their Critical Issue Fast Path (CIFP) – Resource Adequacy Stage 4 Meeting on Wednesday, August 23.
In February, PJM, the organization that manages the mid-Atlantic power grid consisting of 13 states and the District of Columbia, implemented their CIFP process. According to PJM, CIFP is an alternative process to be used for important issues consisting of four initial stages and initiated by the Board via letter. Previously, the Board indicated that they had been closely following the industry-wide discussion regarding the maintenance of reliability through the energy transition and that numerous data points suggested grid operators may face challenges in maintaining reliability during the transition.
“We believe the healthy reserve margins we enjoy now cannot be taken for granted into the future,” PJM stated in the letter. “Energy policies and market forces already have, and could further expedite, the retirement of existing generation resources faster than new resources are able to come online.”
“There are few issues before our region’s legislators as pressing as the need for a secure, reliable electric grid,” Sen. Yaw said. “Pennsylvania has become the largest exporter of electricity in the country and any decisions the Board makes will greatly impact our future and every state supported by the PJM grid. I am thankful for the opportunity to testify, and I look forward to continuing to work with PJM to ensure that we can keep the lights on for all Pennsylvanians and the 65 million consumers served by PJM.”
During Wednesday’s meeting, proposals will be presented and discussed with the PJM Board, followed by an August Member’s Committee meeting and vote. A filing with the Federal Energy Regulatory Commission is targeted for October 1.
CONTACT:
Elizabeth Weitzel
717-787-3280