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PJM officials gave the Transmission Expansion Advisory Committee a status report Thursday on their analysis of the 26 proposals for correcting stability problems at Artificial Island in South Jersey. PJM’s first competitive transmission project under FERC Order 1000 attracted proposals from five utilities and three independent developers. The proposals ranged...
It was one step forward and one step back for PJM’s offshore wind hopes as federal officials announced the auction of 112,800 acres off Virginia while New Jersey regulators rejected a deal with developers of a proposed Atlantic City wind farm. VA’s Wind Energy Area (Source: BOEM) The Interior Department’s...
The New Jersey legislature voted last week to urge state utility regulators to support development of an offshore transmission “backbone” to deliver wind power and relieve transmission congestion. The Senate approved a resolution supporting the New Jersey Energy Link (SCR 159) 24-12 on Thursday, after an identical measure (ACR 197)...
New Jersey regulators approved a $25.5 million annual increase in Atlantic City Electric Co.’s base distribution rates and recovery of $70 million costs for recovery following the June 2012 Derecho and Hurricane Sandy in October 2012. Capital costs of $44.2 million were included in the rate base while deferred operation...
Integrating offshore wind into PJM will require billions in new transmission spending, either with radial lines from wind farms to shore or something like the Atlantic Wind Connection, a proposed a 300-mile transmission “backbone” off the coast from New Jersey to Virginia. Lines on shore also will have to be...
PJM State offshore wind potential chart If the U.S. is to enter the offshore wind industry, it will likely happen first on the Atlantic Coast. The coastline’s shallow waters are similar to those in Europe, which has been building utility-scale offshore wind for more than a decade. And more than...
By Rich Heidorn Jr. With its market-leading status in demand response, blue chip clients and international expansion plans, EnerNOC Inc. may be a good long-term investment play on the Smart Grid. But as the last week demonstrated, it’s not for the faint of heart. EnerNOC’s stock is down 25% —...
The Board of Public Utilities is scheduled to rule March 20 on whether to compel Jersey Central Power & Light Co. to conduct a depreciation study in its pending rate request. The Division of Rate Counsel requested the analysis, noting that JCPL’s last study was conducted 17 years ago. JCPL...
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