On November 24, 2022, in Docket No. ER22-475-000, PJM submitted proposed revisions to the PJM Operating Agreement, Schedule 12 and the RAA, Schedule 17, to reflect the permanent termination of Switch Energy, LLC (Switch) as a PJM Member in accordance with Operating Agreement, section 15.1.6 (c) and 4.1 (c), because Switch failed to make payments when due twice during a 12 month period. PJM requested the revisions be effective as of January 24, 2022.

On November 23, 2021, in Docket Nos. EL19-47-000, EL19-63-000, ER21-2444-000, and ER21-2877-000, PJM filed an Answer to the Independent Market Monitor’s request for clarification, or in the alternative, waiver with respect to the establishment of revised Market Seller Offer Caps for the upcoming 2023/2024 RPM Base Residual Auction. In this Answer, PJM requests that FERC reject the Market Monitor’s motion for clarification since the deadlines in the process of reviewing Market Seller Offer Cap requests are explicitly established in the PJM Tariff. Notwithstanding, PJM requests FERC approval of the IMM’s waiver request on the condition that the Commission approves an expanded version of the IMM’s waiver so as to allow Market Sellers that previously chose not to request a unit-specific Market Seller Offer Cap on the basis of the default Market Seller Offer Cap available prior to October 1, 2021 to now do so. As part of this modified waiver request, PJM proposes a timeline by which the Market Monitor and PJM may evaluate those new unit-specific requests. PJM believes this modified waiver best balances the dual objectives of ensuring accurate information on which to execute the auction and ensuring equitable treatment for all Market Sellers. PJM’s proposal maintains the current schedule of executing the Base Residual Auction beginning on January 25, 2022.

On November 22, 2021, in Docket No. EL21-39-000, PJM and the Indicated PJM Transmission Owners submitted reply comments in response to the initial comments and responses filed on October 8, 2021 in this proceeding to develop a further record to determine whether the 1% de minimis threshold and netting provisions of PJM’s solution-based distribution factor method result in rates that have become unjust and unreasonable.