PJM Transmission Expansion Advisory Committee (TEAC)
Six sponsors submitted proposals to relieve 15 congested facilities in the “market efficiency” window that closed Sept. 26, officials told the Transmission Expansion Advisory Committee.
The PJM Board of Managers last week approved $1.2 billion in transmission reliability projects.
PJM officials gave the TEAC a status report Thursday on their analysis of the 26 proposals for correcting stability problems at Artificial Island in NJ.
PJM yesterday began inviting competitive proposals for transmission projects to provide relief at its 25 most congested locations.
PJM is setting slightly lower targets for renewable power in its 2013 RTEP (Regional Transmission Expansion Plan), briefing the TEAC Thursday on 3 scenarios.
FirstEnergy Corp. announced it will close 2 coal plants with 2,080 MW of capacity by 10-9-13 to avoid retrofitting them to meet federal environmental rules.
PJM expects to open a proposal window for market efficiency transmission projects later this year, PJM officials told members at last week's TEAC meeting.
PJM transmission planners identified more than $800 million in reliability upgrades for inclusion in the PJM RTEP for 2013. Costs may exceed $1 billion.
The diversity of solutions and costs proposed for Artificial Island validates FERC’s view that competition reduces costs and increases innovation.
Integrating offshore wind into PJM will require billions in new transmission spending. Lines on shore also will have to be upgraded or built.
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