PJM at a Crossroads: Capacity Shortfalls, AI Data Center Demand, and the Battle Over Grid Governance
EXECUTIVE OVERVIEW The PJM Interconnection, the largest regional transmission organization (RTO) in the United States, is confronting an unprecedented structural and governance crisis. Following a capacity auction that left the grid operator trailing far behind its target reserves, PJM is racing to manage an exponential surge in power demand driven largely by the artificial intelligence…
