The nation’s largest grid operator, PJM Interconnection, is facing pressure from all 13 states it serves, as well as the White House, and is engaged in developing a series of unprecedented proposals potentially resulting in massive changes to markets and policy in a bid to stave off a looming crisis of affordability and reliability. On our blog, United’s Jon Gordon outlines PJM’s proposed reforms, emphasizing how the grid operator can meet the moment with the right combination of bilateral contracts, backstop procurement, and new investment in advanced energy projects.