BOARD
LETTER
To Our Members & Stakeholders
I was honored to serve my second year as chair of the Board of Managers, a year that marked the return to the PJM campus and in-person meetings after the COVID-19 pandemic safety guidelines eased. The flexibility, ingenuity and perseverance that PJM and stakeholders honed together during the pandemic have helped us meet the challenges facing our rapidly evolving industry.
In 2022, we also welcomed a new Board member. Vickie A. VanZandt joined us from the board of ISO New England. VanZandt, president of VanZandt Electric Transmission Consulting Inc., took the place of Sarah Rogers, to whom we are grateful for more than 10 years of service.
The independent Board of Managers provided guidance as noteworthy progress was made in 2022 in the three main tenets of PJM’s strategic plan – facilitating decarbonization policies, enabling the grid of the future and fostering innovation. These pillars rest on PJM’s strong foundation of reliability, transparent stakeholder engagement, risk management and workforce development.
As a Board, we continued to support procurement in the wholesale energy markets to meet PJM resource adequacy targets in a way that embraces competitive principles and provides transparent price signals for efficient entry and exit of resources.
That said, the future presents shifting profiles of risk that call on PJM to enhance resource adequacy models. That work is underway.
Mark Takahashi
Chair | PJM Board of Managers
PJM Board
of managers
committee assignments as of 2022
Takahashi
Robinson
Johnson
Oskvig
Blackwell
Conboy
Asthana
Vanzandt
Loebl
Board
Letter
To Our Members & Stakeholders
In 2022, we also welcomed a new Board member. Vickie A. VanZandt joined us from the board of ISO New England. VanZandt, president of VanZandt Electric Transmission Consulting Inc., took the place of Sarah Rogers, to whom we are grateful for more than 10 years of service.
The independent Board of Managers provided guidance as noteworthy progress was made in 2022 in the three main tenets of PJM’s strategic plan – facilitating decarbonization policies, enabling the grid of the future and fostering innovation. These pillars rest on PJM’s strong foundation of reliability, transparent stakeholder engagement, risk management and workforce development.
The Board of Managers continued to support PJM and stakeholders as they successfully fulfilled our central mission of maintaining reliability at the lowest reasonable cost amid extreme summer and winter storms, the continued influx of renewable resources through our interconnection queue, and the pursuit of varying policy goals across the diverse PJM footprint.
As a Board, we continued to support procurement in the wholesale energy markets to meet PJM resource adequacy targets in a way that embraces competitive principles and provides transparent price signals for efficient entry and exit of resources.
That said, the future presents shifting profiles of risk that call on PJM to enhance resource adequacy models. That work is underway.
In 2022, in its role as an independent custodian for grid reliability, PJM provided expert analysis for stakeholders, regulators, government officials and others throughout 13 states and Washington, D.C., on a variety of fronts, informing expectations of a reliable and affordable clean energy grid. Among them, PJM provided critical studies on the energy transition and a road map for the grid of the future.
Throughout PJM’s 95-year history, the organization has been driven by and flourished from the cooperation of members dedicated to the reliable delivery of electricity and, later, to the transparent, competitive market that ensures fair outcomes for consumers.
PJM enters 2023 focused on partnering with members, states and the wider stakeholder community to navigate the complex energy transition to a cleaner, smarter and more efficient system.
On behalf of PJM and the Board, I wish to extend appreciation to those whose many perspectives enabled us to fulfill our joint purpose in 2022, and who are partnering with us to meet the demands of the future grid.
Mark Takahashi
Chair | PJM Board of Managers
PJM Board
of managers
committee assignments as of 2022
LEFT TO RIGHT: MARK TAKAHASHI, Chair – PJM Board of Managers; TERRY BLACKWELL, Chair – Human Resources Committee, Member – Board Governance Committee, Reliability & Security Committee; Charles F. Robinson, Chair – Board Governance Committee, Member – Competitive Markets Committee, Finance Committee; PAULA CONBOY, Chair – Regulatory Committee, Member – Competitive Markets Committee, Governance Committee; Jeanine Johnson, Member – Finance Committee, Reliability & Security Committee, Risk & Audit Committee; Manu Asthana, President & CEO – PJM Interconnection; O.H. Dean Oskvig, Chair – Reliability & Security Committee, Member – Board Governance Committee, Human Resources Committee; Vickie A. VanZandt, Member – Reliability & Security Committee, Risk & Audit Committee, Regulatory Committee; David E. Mills, Chair – Competitive Markets Committee, Member – Human Resources Committee, Risk & Audit Committee; Margaret Loebl, Chair – Risk & Audit Committee, Member – Competitive Markets Committee, Regulatory Committee
