The Reliability Resource Initiative (RRI) offers a unique, one-time opportunity for shovel-ready projects that can be brought online quickly to strengthen grid reliability. PJM will now rely on a Federal Energy Regulatory Commission-approved rating process to select up to 50 of these projects. This targeted approach will help ensure a timely boost in dependable generation capacity to support growing demand, alongside projects already progressing through PJM’s interconnection queue.
On May 2, PJM selected 51 projects, totaling 11,793 MW, to join the Transition Cycle 2 (TC2) generation interconnection study group (AG2 and AH1 queues) through its Reliability Resource Initiative (RRI). PJM had intended to select 50 projects in the RRI, however two projects received the same score, which resulted in PJM selecting 51 projects.
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ESAI Power is a market research and consulting firm that delivers focused analysis of the wholesale power markets in the Northeast region of the US: PJM, NYISO, and ISO-NE. Since 2001, ESAI has been providing market-focused research product content and custom consulting services for Northeast power market participants including investors (banks, private equity, & hedge funds) & developers, generation owners & operators, utilities & retail electricity suppliers, regulators & RTOs, traders, and end-users & buyers.