PJM Forecasts Sufficient Generation for Peak Summer Demand But Notes Risk -- Market Talk

Dow Jones
May 10, 2025

1837 ET [Dow Jones]--PJM Interconnection forecasts sufficient generation for typical peak demand this summer, but says this season marks the first time in its annual assessment that available capacity may fall short of required reserves in an "extreme planning scenario that would result in an all-time PJM peak load of more than 166,000 MW." The regional transmission organization mentions that The National Weather Service predicts hotter-than-normal summer conditions. PJM forecasts a summer energy use peak of just over 154,000 megawatts. It has about 179,200 MW of generation capacity this summer, and about 7,900 MW of contracted demand response. Demand response programs pay customers to reduce electricity use at certain times. PJM's record summer peak load was 165,563 MW in 2006. Last year's summer peak was about 152,700 MW. (josh.beckerman@wsj.com)

 
 

(END) Dow Jones Newswires

May 09, 2025 18:39 ET (22:39 GMT)

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