DOE Secretary Ernest Moniz traveled to New York to get Wall Street’s perspective on challenges to financing electric transmission and energy infrastructure.

Duke Energy is joining a novel $8 billion project using wind and salt mines to provide power, the first time underground compressed-air storage would be used on such a scale in the U.S.

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 received 106 proposals to fix about 50 reliability problems in the first Regional Transmission Expansion Plan Order 1000 window for 2014.

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.

PSEG, AEP and FirstEnergy are among the utilities with the greatest risk of seeing their transmission rates decline as a result of FERC’s new formula for determining returns on equity, according to a new report.

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.

PJM says its FERC Order 1000-compliant hybrid cost allocation for regional transmission projects won't be in jeopardy following a federal appellate court ruling last week.

Members narrowed the scope of a task force created to improve funding of FTR, agreeing to eliminate consideration of balancing congestion.

Our summary of issues discussed and voted on at the PJM MRC and MC on Thursday, 6/26/14 with no surprises or lengthy debate.