PJM Board of Managers
The developers of the abandoned PATH transmission project would be denied recovery of more than $10 million of their $121.5 million claim under an initial decision by a FERC administrative law judge Monday.
The PJM Board of Managers approved staff’s recommendation for the stability fix at New Jersey’s Artificial Island, despite objections from the Delmarva Peninsula, which will be allocated nearly the full cost of the project.
A round-up of news from the PJM Transmission Expansion Advisory Committee on June 11, 2015.
The PJM Members Committee elected Terry Blackwell to the Board of Managers, where he will serve out the term of William Mayben, who is retiring.
Consumer advocates told PJM that Capacity Performance could saddle ratepayers with excessive costs because of its treatment of renewable energy.
Andy Ott, PJM’s executive vice president of markets, will replace Terry Boston as president and CEO later this year, PJM announced Wednesday.
PJM’s 2014 RTEP report, released last week, provides details of the $1.7 billion in transmission projects approved by PJM’s Board of Managers.
PJM CEO Terry Boston has announced he will retire by the end of the year. He leaves behind a legacy of building stakeholder consensus and steady leadership.
PJM President and CEO Terry Boston plans to retire effective Dec. 31. A search for a replacement is already underway.
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.
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