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From:pjmcustomerrelationsandtraining@pjm.com
To:pjm-customer-info@risc1.pjm.com
Subject:news release: PJM SUCCESSFULLY MEETS RECORD HIGH ELECTRICITY DEMANDS
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Date:Mon, 13 Aug 2001 12:48:00 -0700 (PDT)

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< PJM SUCCESSFULLY MEETS
< RECORD HIGH ELECTRICITY DEMANDS
< Thanks public for conservation efforts
<
< (Valley Forge, PA - August 10, 2001) - With a six-day heat wave ending, PJM
< Interconnection, LLC, the electric grid operator for the mid-Atlantic region,
< today recognized the great efforts taken so the company could supply a week of
< record-breaking electricity demands.
<
< "This week's accomplishment is testimony to how effective markets and
< efficient operations work in harmony to reliably serve the electric customer,"
< said Phillip G. Harris, president and chief executive officer. "We greatly
< appreciate the conservation steps taken by the public and for the support from
< PJM's members, especially the generation owners who provided outstanding
< performance, as well as state commissions and agencies."
<
< Harris paid special tribute to PJM employees, who worked tirelessly to ensure
< a reliable supply of electricity to the more than 22 million customers in the
< mid-Atlantic region. "Our ability to supply the record-breaking electricity
< demand is a reflection of our talented, dedicated staff." Harris noted that
< PJM's employees train, through simulation programs, for all types of
< circumstances, which include the situation encountered this week.
<
< The area's intense heat wave drove system-wide electricity use to successive
< all-time records -54,176 MW Thursday, 53,910 MW Wednesday and 53,464 MW
< Tuesday. This week's electricity peak was more than 2,400 MW higher than the
< peak experienced during the July 1999 severe heat wave.
<
< To maintain the region's electric supply in time of historic demand, PJM first
< took steps that had the least impact on electricity customers. During periods
< on several days this week, the company activated programs that included:
< curtailment of industrial customers through incentive programs; implementation
< of its pilot demand-side response program; request for back-up supply at
< commercial locations; and request for voluntary curtailment at industrial
< locations. On Thursday, the company directed its members to institute "voltage
< reductions" - which equated to about a 2 to 3 percent decrease in electricity.
< These electricity reductions, which are generally undetectable to the user,
< assisted PJM in maintaining overall reliability of the region's electric grid
< during its peak on Thursday.
<
< PJM, the country's only fully functioning regional transmission organization,
< operates the world's largest competitive wholesale electricity market and one
< of North America's largest power grids. The company currently coordinates a
< pooled generating capacity of more than 58,000 megawatts and operates a
< wholesale electricity market with more than 200 market buyers, sellers and
< traders of electricity. PJM has administered more than $5 billion in energy
< and energy service trades since the regional markets opened in 1997. More than
< 70 nations have sent delegates to PJM to learn about the market model and the
< operation of the grid in the mid-Atlantic states.
< #############

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