Exelon, a company primarily known for its generation fleet, continued its customer-buying spree last week when it announced an agreement to buy Integrys Energy Services for $60 million.
Our summary of the issues scheduled for votes at the PJM MRC on 07/31/14. Each item is listed by agenda number, description and projected time of discussion, followed by a summary of the issue and links to prior coverage.
Facing a barrage of criticism from spurned Artificial Island bidders, state officials and others, PJM’s Board of Managers has delayed action on a recommendation that it select Public Service Electric & Gas to fix the Artificial Island stability problem. Instead, the board will allow PSE&G and other finalists to “supplement” their proposals in response to LS Power’s offer to cap its project cost at $171 million.
ComEd is teaming with an engineering company to boost the reliability of Chicago’s electrical grid and protect it against terrorism by installing three miles of superconductor cable beneath the city’s Loop district.
PPL and Riverstone Holdings have offered to divest about 1,300 MW of generation from their 15,000-MW combined fleet to avoid market power concerns over their planned spinoff, Talen Energy.
News briefs on companies in the PJM Interconnection this week, including Duke, Exelon, NRG and Dominion.
Senators from Maryland are upset that Cheryl LaFleur declined to hold more hearings regarding Dominion Resources' proposed liquefied natural gas export facility at Cove Point.
After a year of political wrangling, FERC finally has its fifth commissioner. But uncertainty will linger for months at the agency due to Norman Bay’s lack of a policy record and the unprecedented compromise that won his confirmation.
News briefs from the states within the PJM footprint. This week we include Delaware, D.C., Illinois, Indiana, Maryland, Michigan, New Jersey, Ohio, Pennsylvania and West Virginia.
FERC tentatively approved a rule to protect the grid against sabotage threats after ordering changes to allow the commission to overrule transmission operators’ definition of “critical” facilities.
