Artificial Island
PSE&G sent a letter to the PJM board, defending the cost estimate for its share of the Artificial Island project.
PJM planners are rethinking a piece of the Artificial Island project, a move that could possibly require the RTO to solicit new bids.
PJM stands by its selection of the PSE&G project, which involves building a new transmission line from the Artificial Island nuclear complex in NJ to DE.
PJM solution-based distribution factor (DFAX) cost allocation method is inappropriate in certain cases (like Artificial Island), commentators told FERC.
FERC approved an incentive filing by PJM that will allow PSE&G to recoup all of its costs if the Artificial Island reliability project is canceled due to reasons beyond the company’s control.
Stakeholders asked FERC to suspend LS Power's filing for the maximum of five months and conduct an evidentiary hearing on the matter.
FERC ruled that PJM's cost allocations for the Artificial Island and PSE&G transmission projects may not be just and reasonable, ordering a technical conference.
Rival Artificial Island developers sparred over the enforceability of cost caps at a panel discussion on Order 1000 implementation at last week’s Organization of PJM States Inc. annual meeting.
PJM acknowledged that the cost allocation for its Artificial Island stability fix may “appear disproportionate” but said its hands are tied by cost allocation rules.
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.
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