Transource Energy
PJM planners have selected LS Power to build a new 230-kV transmission line from New Jersey’s Artificial Island to Delaware to address stability issues at the nuclear complex.
PJM planners said they will announce their revised recommendation to address stability problems at the Artificial Island nuclear complex at a special TEAC meeting April 28.
PJM planners won’t be ready after all to recommend a stability fix for Artificial Island in time for the Board of Managers’ regular meeting in February.
Four companies vying for a contract to address stability problems at Artificial Island squared off in a tense TEAC meeting before an unexpected crowd.
Two of the finalists for the Artificial Island transmission fix have offered to cap their costs while a third has teamed up with Pepco.
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.
The solution to the Artificial Island transmission stability problem may be more costly than originally estimated, PJM officials said last week.
News briefs on companies in PJM Interconnection: AEP, Dominion, First Energy, GDF Suez Energy, and Iberdrola USA.
AP South and the Cleveland Interface attracted the most attention in PJM’s inaugural window for proposed congestion relief upgrades.
The diversity of solutions and costs proposed for Artificial Island validates FERC’s view that competition reduces costs and increases innovation.
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