PJM says its ready to meet summer demand
PJM Interconnection said Monday that it has the resources to meet the expected electricity demand this summer.
PJM Interconnection planners expect electricity use to peak at approximately 150,000 megawatts (MW) this summer. The National Weather Service is forecasting above-average temperatures for nearly all of the 13 states and District of Columbia served by PJM and its members.
“PJM continues to ensure that the power supply is secure and reliable while maintaining efficient and transparent markets that save billions of dollars for our customers,” Andrew L. Ott, PJM president and CEO, said. “We have planned and prepared for summer operations and we have plenty of reserves to meet the demand.”
PJM’s required reserve is 16.1 percent of the forecasted demand level. PJM noted that its expected reserve margin for this summer is more than 28 percent, approximately 41,000 MW. PJM has 184,010 MW of installed generating capacity available.
Demand last summer peaked at 145,331 MW on July 19. PJM’s all-time highest power use was 165,492 MW in summer 2006.
