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May 13, 2024

EL15-95

Cost Estimate of PSEG Portion of Artificial Island Fix Doubles to $272M
PJM stands by its selection of the PSE&G project, which involves building a new transmission line from the Artificial Island nuclear complex in NJ to DE.
Commenters: DFAX Cost Allocation Inappropriate
PJM solution-based distribution factor (DFAX) cost allocation method is inappropriate in certain cases (like Artificial Island), commentators told FERC.
FERC: PSEG Can Recover Costs if Artificial Island Project is Canceled
FERC approved an incentive filing by PJM that will allow PSE&G to recoup all of its costs if the Artificial Island reliability project is canceled due to reasons beyond the company’s control.

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