PJM works behind the scenes to keep the power flowing for 65 million people in 13 states and the District of Columbia. PJM is a neutral, regulated organization that directs the operation of power lines and generators for many different owners. PJM acts as an agent to provide fair access to the transmission system for competing suppliers and electricity users. Operating the electric system is a balancing act that requires continuous monitoring of the system. PJM reacts instantly to changes in demand, equipment problems, weather conditions and other factors to maintain safe and reliable service while meeting customer needs for electricity when and where it’s needed. PJM also administers competitive wholesale markets for large blocks of electricity – similar to the way the stock market works. In addition, PJM conducts a long-range planning process that identifies what changes and additions to the grid are needed to ensure reliability and the successful operation of the wholesale markets.
PJM Interconnection
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3.6
Overall Excellence Rating
Industry
UtilitiesCategory
Energy & UtilitiesESG/Ethical Impact
PJM’s primary impact is ensuring the reliability and resilience of the electric grid across its service area. By efficiently managing grid operations, conducting system planning, and implementing grid modernization initiatives, the organization supports economic growth, social well-being, and the uninterrupted flow of electricity, aligning with broader social and economic stability goals. PJM can promote environmental sustainability by facilitating the integration of renewable energy sources into the grid. The organization emphasizes ethical governance practices within its operations, including regulatory compliance, transparent market operations, and adherence to industry standards.
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Awards Received
2023
Revenues
$920,000,000.00
Website Traffic
Employee Rating
4.1
Customer Rating
2.6
Company Size
100-1000
ESG Risk Rating
3