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PJM 2007 Strategic Report


In August 2006 the PJM Board initiated a strategic evaluation to determine how PJM should “position itself to continue to provide the best value to its Members and stakeholders over the next five to 10 years.” The PJM Board directed PJM management to consult with members and industry experts to provide specific recommendations on the company’s strategic direction, focusing on five principal areas – network operations, planning, markets, demand-side resources and governance.

The fact-finding and analysis culminated in the development of the PJM 2007 Strategic Report, issued April 2, 2007, which contains extensive recommendations for PJM’s strategic direction.

The report’s recommendations focus on PJM’s role in coordinating advancements in intelligent grid operations – the “smart grid” – and in enhancing the liquidity of competitive energy markets. The findings also address market monitoring and mitigation and several governance matters, including the PJM’s Board’s interactions with Members and the Member voting structure.

The report is available for download, along with an appendices of studies and related materials used in the development of the report.

PJM 2007 Strategic Report Executive Summary (PDF)
PJM 2007 Strategic Report (PDF)
Bringing the Smart Grid Idea Home (PDF)
Strategic Report Webcast Slides - 04.03.2007 (3MB PDF)
PJM 2007 Strategic Report Web Cast
Corresondence to PJM Stakeholders (PDF)

Appendices
  1. Jeremiah D. Lambert, “Principles of Corporate Governance and PJM’s Adaptation Thereof: An Organizational Study”(PDF) (February 28, 2007)
  2. List of PJM Interconnection, L.L.C. Members
  3. Energy Analysis, Inc., “Impacts of the PJM RTO Expansion: A Report Prepared for PJM” (3MB PDF) (November 2005)
  4. Siemens, “Siemens Position Paper: Strategies for the Evolution of PJM Interconnection Over the Next 25 Years” (PDF) (January 2006)
  5. KEMA, “PJM Roadmap: Network Operations and Transmission Planning” (PDF) (January 2007)
  6. United States Department of Energy, “Workforce Trends In The Electric Utility Industry” (PDF), a Report to the United States Congress, August 2006
  7. Deloitte & Touche, LLP, “Regulatory Primer on Capital Recovery in the Regulated Utility Industry” (PDF) (2007)
  8. Booz Allen Hamilton Publications, “The Next Wave of Generation Investment” (PDF) (2006)
  9. EPRI Energy Technology Assessment Center, “Advancing the Efficiency of Electricity Utilization: Prices to DevicesSM” (2MB PDF) (2006)
  10. The Galvin Project, Inc., “Forecasting the Future of Electricity.” (PDF) (October 2006)
  11. The Galvin Project, Inc., "New Technologies Advance Consumer Control" (3MB PDF) (January 2007)
  12. Karen L. Anderson et al, “Frayed Wires: US Transmission Shows Its Age.” (PDF) Fitch Ratings (October 2006)
  13. Deloitte & Touche LLP, “Clearing –Market Clearing Overview for PJM Interconnection LLC” (PDF) (January 2007)
  14. Enterprise Management Solutions, a division of Black & Veatch Energy, “2006 Strategic Directions in the Electric Utility Industry” (4MB PDF) (2006)
  15. Chairman Joseph Kelliher, “Market Manipulation, Market Power and the Authority of the Federal Energy Regulatory Commission.” (3MB PDF) Energy Law Journal, Vol. 26, 1,14 (2005)
  16. United States Department of Energy National Electric Transmission Study (9MB PDF) (August 2006)
  17. Susan Tierney, Ph.D and Paul J. Hibbard, Analysis Group, “Market Monitoring at U.S. RTOs: Structural Review” (PDF) (February 2007)
  18. Memorandum from Wright & Talisman regarding Communications with the PJM Board under PJM’s Governing Documents (PDF)
Strategic Report Memorandum to Members (PDF)
PJM Strategic Questionnaire - October 6, 2006 (PDF)
Member Responses
Company Name
Responses to
Questionnaire
10.06.2006
 Responses
to Report
04.02.2007

Supplemental
Responses

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
A&C Management Group LLC
AES Beaver Valley, LLC
AES Enterprise, Inc.
AES Ironwood, LLC
AES Red Oak, LLC
Air Liquide Industrials U.S., L.P. (See PJM Industrial Customer Coalition)
Air Products & Chemicals, Inc. (See PJM Industrial Customer Coalition)
Akula Energy, LLC
Allegheny Electric Cooperative, Inc. (See Public Power Coalition)
Allegheny Energy Supply Company, L.L.C.
ALLETE, Inc. d/b/a Minnesota Power
Alliant Energy Corporate Services, Inc.
Ameren Energy Marketing Company
Ameren Energy, Inc.
AmerGen Energy Company, L.L.C. (See PJM Companies Group)
American Cooperative Services, Inc. (See Public Power Coalition) (See PJM Companies Group)
American Electric Power
American Municipal Power-Ohio, Inc.
American PowerNet Management, L.P. Charts (PDF)
American Public Power Association
American Transmission Systems, Inc. (See FirstEnergy Solutions Corp.)
Analytical Applications
Appalachian Power Company
Aquila Merchant Services, Inc.
Aquila, Inc. d/b/a Aquila Networks
AREVA
Armstrong Energy Limited Partnership, LLLP (See PJM Companies Group)
Associated Electric Cooperative, Inc.
Atlantic City Electric Company (See Potomac Electric Power Company)
Baltimore Gas and Electric Company (See PJM Companies Group)
Bank of America, N.A.
Barclays Bank PLC
Beacon Power Corporation
Bear Energy LP
Bell Trading, Inc.
Benton Foundry, Inc.
BGE Home Products & Services, Inc (See PJM Companies Group)
Big Rivers Electric Corporation
Big Sandy Peaker Plant, LLC (See PJM Companies Group)
BJ Energy, LLC
BKS Energy, LLC
Black Gemini Group, LLC
Black Oak Capital, LLC
Black Oak Energy, LLC
Black River Commodity Energy Fund LLC
Black River Commodity Fund Ltd.
Blue Ridge Power Agency, Inc. (See Public Power Coalition)
Blue Star Energy Services, Inc.
BOC Energy Services, Inc. (See PJM Industrial Customer Coalition)
BOC Group, Inc. (The) (See PJM Industrial Customer Coalition)
Borough of Chambersburg (See Public Power Coalition)s
Borough of Ephrata
Borough of Mont Alto, PA (See Public Power Coalition)
Borough of Pitcairn, Pennsylvania
Borough of Seaside Heights
Borough of Tarentum
BP Energy Company
Brookfield Energy Marketing, Inc.
Brookfield Power Piney & Deep Creek, LLC
Buckeye Power, Inc.
Calpine Energy Management, L.P.
Calpine Energy Services, L.P.
Calumet Energy Team, LLC
Calvert Cliffs Nuclear Power Plant, Inc. (See PJM Companies Group)
CAM Energy Products, L.P.
CAM Energy Trading, LLC
Cargill Power Markets LLC
Carolina Power & Light Company
Carpenter Technology Corporation (See PJM Industrial Customer Coalition)
CBK Group, LTD
CED Rocks Springs, LLC (See PJM Companies Group)
Centaurus Energy Master Fund, LP
Central Virginia Electric Cooperative
Cinergy Capital & Trading, Inc.
Cinergy Marketing & Trading, LP
Cinergy Retail Sales, LLC
Citadel Energy Products, LLC
Citigroup Energy, Inc.
City of Batavia, IL
City of Cleveland, DPU, Div of Cleveland Public Pwr
City of Dover, Delaware
City of Dowagiac
City of New Martinsville - WV
City of Philippi - West VA
City of Rochelle
City Power Marketing, LLC
CMS Energy Resource Management Company
Columbus Southern Power Company
Commerce Energy, Inc.
Commercial Utility Consultants, Inc.
Commonwealth Chesapeake Company, LLC
Commonwealth Edison Company (See PJM Companies Group)
Community Energy, Inc.
Conectiv Bethlehem, LLC (See Potomac Electric Power Company)
Conectiv Energy Supply, Inc. (See Potomac Electric Power Company)
ConEdison Energy, Inc. (See PJM Companies Group)
ConocoPhillips Company
Consolidated Edison Company of NY, Inc. (See PJM Companies Group)
Consolidated Edison Solutions, Inc. (See PJM Companies Group)
Constellation Energy's PJM Members (See PJM Companies Group)

(3MB)
Constellation Energy Commodities Group, Inc. (See PJM Companies Group)
Constellation Energy Control and Dispatch, LLC (See PJM Companies Group)
Constellation Energy Projects & Services Group, Inc. (See PJM Companies Group)
Constellation Generation Group, LLC (See PJM Companies Group)
Constellation NewEnergy, Inc. (See PJM Companies Group)
Constellation Power Source Generation, Inc. (See PJM Companies Group)
Consumers Energy Company
Continental Cooperative Services (See Public Power Coalition) (See PJM Companies Group)
Coral Power, L.L.C.
Cordova Energy Company, LLC
Corona Power, LLC
Covanta Delaware Valley, L.P.
Covanta Energy Group, Inc.
Covanta Essex Company
Covanta Union, Inc.
Credit Suisse Energy, LLC
Crescent Ridge LLC
D. E. Shaw Plasma Power, L.L.C.
Dayton Power & Light Company (The)
DB Energy Trading, LLC
DC Energy LLC
DC Energy Mid-Atlantic, LLC (See DC Energy LLC)
DC Public Service Commission
Delaware Municipal Electric Corporation (See Public Power Coalition)
Delmarva Power & Light Company (See Potomac Electric Power Company)
Detroit Edison Company (The)
Direct Energy Services, LLC
Division of the Public Advocate of the State of Delaware
DJGW, LLC
Dominion Energy Marketing, Inc. (See PJM Companies Group)
Dominion Retail, Inc. (See PJM Companies Group)
Downes Associates, Inc.
DPL Energy Resources, Inc. (See Dayton Power & Light Company (The))
DPL Energy, LLC (See Dayton Power & Light Company (The))
DTE Energy Trading, Inc.
Duke Energy Carolinas, LLC
Duke Energy Fayette, LLC
Duke Energy Hanging Rock, LLC
Duke Energy Indiana, Inc.
Duke Energy Lee, LLC
Duke Energy Marketing America, LLC
Duke Energy Ohio, Inc.
Duke Energy Shared Services, Inc.
Duke Energy Trading & Marketing, L.L.C.
Duke Energy Washington, LLC
Duquesne Conemaugh LLC (See PJM Companies Group)
Duquesne Keystone LLC (See PJM Companies Group)
Duquesne Light Company (See PJM Companies Group)
Duquesne Light Energy, LLC (See PJM Companies Group)
Duquesne Power, LLC (See PJM Companies Group)
Dynegy Energy Services, Inc.
Dynegy Power Marketing, Inc.
E Minus LLC
E. F. Kenilworth, Inc.
Eagle Energy Partners I, L.P.
East Coast Power Linden Holdings, L.L.C.
East Kentucky Power Cooperative
Easton Utilities Commission (See Public Power Coalition)
ECONnergy Energy Company, Inc.
ECONnergy Pa, Inc.
Edison Mission Energy (See PJM Companies Group)
Edison Mission Marketing and Trading, Inc.
El Cap II, LLC
El Paso Marketing, L.P.
Electricity Consumers Resource Council (ELCON)
Elk Power Company
Elkem Metals Company-Alloy LP
Elwood Energy, LLC (See PJM Companies Group)
EME Homer City Generation L.P. (See PJM Companies Group)
Emera Energy Services, Inc.
Emporia Hydropower Limited Partnership
Energy America, LLC
Energy Authority, Inc. (The)
Energy Cooperative Association of Pennsylvania (See Public Power Coalition)
Energy Endeavors, LLC
Energy Investments, LLC
EnergyConnect, Inc.
Energy Security Analysis, Inc.
EnergyUSA - TPC Corp.
EnerNOC, Inc.
Enerwise Global Technologies, Inc.
Engage Energy America, LLC
EPCOR Merchant and Capital (US) Inc.
EPEX, Inc.
EPIC Merchant Energy, L.P.
EPIC NJ/PA, L.P.
Exelon - Exelon Corporation (See PJM Companies Group)
Exelon Energy Company (See PJM Companies Group)
Exelon Generation Co., LLC (See PJM Companies Group)
Fairless Energy, LLC (See PJM Companies Group)
Fairway Dairy & Ingredients LLC d/b/a Twin Cities Power
FirstEnergy Solutions Corp.
Florida Power & Light Company (See FPL Energy Power Marketing, Inc.)
Florida Power Corporation dba Progress Energy Florida, Inc.
FMF Energy, Inc
Forest Investment Group, LLC
FPL Energy Power Marketing, Inc.
Fulcrum Power Marketing, L.L.C.
Galt Power Inc.
Geneva Energy LLC
Glacial Energy of New Jersey, Inc.
Global Energy Investments Group, LLC
Grant Energy, Inc.
Green Mountain Energy Company
H.Q. Energy Services (U.S.), Inc.
Hagerstown Light Department (See Public Power Coalition)
Handsome Lake Energy, L.L.C. (See PJM Companies Group)
Harrison REA, Inc. - Clarksburg, WV
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