November 18, 2024

LS Power

Artificial Island Cost Increase Could Lead to Rebid
PJM planners are rethinking a piece of the Artificial Island project, a move that could possibly require the RTO to solicit new bids.
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.
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.
FERC Does 180 on Local Tx Cost Allocation in PJM
Reversing a prior decision, FERC ruled that PJM transmission owners should pay all of the cost of projects that solely address a TO’s local planning criteria.
Tx Developers Challenge NYISO, SPP, ISO-NE Order 1000 Filings
Transmission developer LS Power is protesting Order 1000 compliance filings by NYISO, SPP and ISO-NE, saying they still favor regulated incumbents over independent developers.
Exelon, LS Power Join CPV in Adding New England Capacity
New generators from Exelon, LS Power and Competitive Power Ventures were the apparent winners in ISO-NE's capacity auction, while NRG Energy and Public Service Enterprise Group walked away empty handed.
Two of 4 Artificial Island Finalists Offer Cost Caps
Two of the finalists for the Artificial Island transmission fix have offered to cap their costs while a third has teamed up with Pepco.
PJM Board Puts the Brakes on Artificial Island Selection
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.
Losing Bidders Blast Artificial Island Choice
Two losing bidders for the Artificial Island transmission project have issued harsh critiques of PJM’s handling of the solicitation, seeking to persuade the Board of Managers to reject planners’ recommendation that the project be awarded to PSE&G.
Dominion, PSEG Proposals Gain in Artificial Island Race
Dominion and PSE&G appear to have vaulted into contention in the Artificial Island contest following a design change by PJM planners.

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