LS Power
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.
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 and PSE&G appear to have vaulted into contention in the Artificial Island contest following a design change by PJM planners.
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.
PJM will begin pricing at a new interface near the Seneca pumped storage station in Warren County, Pa., beginning Feb. 1.
AP South and the Cleveland Interface attracted the most attention in PJM’s inaugural window for proposed congestion relief upgrades.
News briefs on companies in PJM Interconnection: Carlyle Group, DTE Energy, Duke Energy, Exelon, First Energy, and NRG.
Maryland and CPV officials aren’t saying what their next move is in the wake of a federal court ruling that voided the state’s contract with developers of a 725 MW combined cycle plant in St. Charles.
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