Pre-filed Statement of Marjorie Rosenbluth Philips, Senior Vice President of Wholesale Market Policy for LS Power Development, LLC, for the PJM Governance and Stakeholder Reforms Technical Conference under AD26-7.

Summary: LS Power Development, LLC supports the ongoing examination of PJM's governance structure, arguing that while current governance has served the region well, specific improvements are needed to address modern challenges like data center demand. The company recommends enhancing transparency, improving state participation through the OPSI, and creating a Market Surveillance Committee to ensure stable and reliable market outcomes.