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November 22, 2024
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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.
DelawareNew JerseyPJM Board of ManagersReliabilityTransmission Planning