FERC to impose PJM reforms by September deadline
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- FERC Chairman warned the commission will impose reforms on PJM by September if the grid operator does not adopt governance changes independently
- PJM's board independence emerged as a focal point, with broad support among participants for strengthening it
- One proposal would shift PJM toward an advisory stakeholder process for board governance rather than its current structure
- Stakeholders also called for giving states more influence over PJM decisions and codifying the public interest in PJM's mission
Why it matters: FERC's September deadline gives PJM a narrow window to self-reform its board governance before federal regulators impose changes unilaterally. The push for greater state influence and a codified public-interest mandate is an effort to reshape how the grid operator's mission is defined, with the threat of federal intervention now on the table as the enforcement mechanism.
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