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FERC pressures PJM to deliver governance reforms by September
Key Takeaways
- FERC gave PJM until the end of September 2026 to agree on governance reforms.
- Chairman Laura Swett said PJM faces a legitimacy crisis amid market and reliability pressures.
- Potential changes include a more independent board, a formal state role, and new filing rights at FERC.
- The dispute comes after capacity price spikes and concerns that data center demand is outpacing new supply.
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DT Editorial Team··via utilitydive.com