PJM Governance and Stakeholder Processes

Docket No. AD26-7-000 | Chairman Swett’s comments | PJM Technical Conference on Governance and Stakeholder Processes | Post-Technical Conference Next Steps

This page provides key information on FERC’s efforts to enhance PJM Interconnection, LLC’s governance and stakeholder processes as part of Docket No. AD26-7-000.

“We simply cannot have a market that falls short at exactly the time when we must successfully navigate this once-in-a-generation opportunity to cement America’s energy leadership.” - Chairman Laura V. Swett  

Full comments of Chairman Laura V. Swett on PJM

FERC Actions

• July 30, 2026: FERC issues notice inviting post-conference comments from the stakeholders, with submissions due by August 20, 2026, to further solidify next steps and tangible actions.
• July 23, 2026: FERC Chairman and Commissioner-led technical conference to discuss PJM Interconnection, L.L.C.’s (PJM) governance and stakeholder processes, with a particular focus on identifying and evaluating concrete, actionable reforms to improve PJM’s ability to address operational and market needs in a timely and efficient manner. Watch event here.
• July 16, 2026: FERC issues third supplemental notice for July 23, 2026, technical conference on PJM Interconnection, LLC’s governance and stakeholder processes.
• July 2, 2026: FERC issues second supplemental notice for July 23, 2026, technical conference on PJM Interconnection, LLC’s governance and stakeholder processes.
• June 5, 2026: FERC issues first supplemental notice for July 23, 2026, technical conference on PJM Interconnection, LLC’s governance and stakeholder processes.
• May 12, 2026: FERC announces a Chairman and Commissioner-led technical conference for July 23, 2026, to discuss PJM Interconnection, L.L.C.’s (PJM) governance and stakeholder processes, with a particular focus on identifying and evaluating concrete, actionable reforms to improve PJM’s ability to address operational and market needs in a timely and efficient manner.  The conference explored specific governance features and stakeholder processes in PJM that impact timely action on operational and market needs, and potential reforms to PJM governance structure and stakeholder processes. See details here.

Background on PJM 

e PJM Interconnection operates a competitive wholesale electricity market and manages the reliability of its transmission grid. PJM provides open access to the transmission and performs long-term planning. In managing the grid, PJM centrally dispatches generation and coordinates the movement of wholesale electricity in all or part of 13 states (Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia and West Virginia) and the District of Columbia. PJM’s markets include energy (day-ahead and real-time), capacity and ancillary services.

PJM was founded in 1927 as a power pool of three utilities serving customers in Pennsylvania and New Jersey. In 1956, with the addition of two Maryland utilities, it became the Pennsylvania-New Jersey-Maryland Interconnection, or PJM. PJM became a fully functioning ISO in 1996 and, in 1997, it introduced markets with bid-based pricing and locational market pricing (LMP). PJM was designated an RTO in 2001.