PJM Board Approves Latest RTEP Updates The PJM Board of Managers approved the latest updates to PJM’s Regional Transmission Expansion Plan, or RTEP, on Feb. 16, 2022. PJM’s RTEP process helps to ensure the reliability of the power grid for 65 million people. The approved RTEP updates change one project’s cost and scope, cancel one … Continue reading PJM Board Approves Latest #RTEP Updates
PJM gathering stakeholder feedback on handling an FTR market default PJM Interconnection and its members Feb. 18 narrowed down options for dealing with a financial transmission rights market default, with PJM recommending the defaulting member’s market positions be sold in upcoming FTR auctions. Hill Energy Resource & Services did not meet a Jan. 11 collateral … Continue reading PJM gathering stakeholder feedback on handling an FTR market default
The Latest Obstacle to Solar Power in Virginia: the PJM Project Queue Solar energy is the cheapest source of energy available to the world today. The more solar energy we can generate, the better… up to a certain point. Once solar and other intermittent energy sources comprise 30% or so of the juice supplied to … Continue reading The Latest Obstacle to Solar Power in #Virginia: the PJM Project Queue
‘We’re ready’ — American Electric Power CEO says it’s focused on cybersecurity defense for years American Electric Power CEO Nick Akins told CNBC’s Jim Cramer on Thursday that the utility provider feels confident in its cybersecurity defenses. “There’s no question that we’ve been in a heightened sense of security around the resiliency, particularly cyber and … Continue reading ‘We’re ready’ — American Electric Power CEO says it’s focused on cybersecurity defense for years
Sheetz to Power Its Pennsylvania Footprint With Renewable Energy ALTOONA, Pa. — Sheetz Inc. announced a long-term renewable supply agreement with Constellation to power nearly 70 percent of its Pennsylvania facilities with renewable energy. The solar projects, which will be developed in Pennsylvania, are expected to achieve commercial operation by January 2024. Sheetz will receive … Continue reading Sheetz to Power Its #Pennsylvania Footprint With Renewable Energy
New Jersey Receives 80 Offshore Wind Transmission Proposals This is according to the latest press release from NJBPU, which announced on 27 January that, together with PJM, it had filed for approval of a State Agreement Approach (SAA) to implement New Jersey’s offshore wind transmission grid solicitation from the Federal Energy Regulatory Commission (FERC). The … Continue reading #New_Jersey Receives 80 Offshore Wind Transmission Proposals
Wind, solar resources should be removed from PJM capacity market: P3 trade group A PJM Interconnection power generators trade group said it is concerned about the viability of PJM’s capacity markets because wind and solar resources have been acquiring capacity obligations greater than what they can deliver, but other stakeholders say all resources need capacity … Continue reading Wind, solar resources should be removed from PJM capacity market: P3 trade group
North OC Battery Storage System Could Hinge On Land Swap OCEAN CITY – After a marathon public hearing this week, resort planners agreed to forward a recommendation to the Mayor and Council allowing for Delmarva Power to develop a battery energy storage system on one of two north-end parcels. It’s complicated, but in layman’s terms, … Continue reading North OC Battery Storage System Could Hinge On Land Swap
New Jersey Advances Offshore Wind Transmission Proposal at FERC The New Jersey Board of Public Utilities (NJBPU) and PJM Interconnection (PJM) announced, they filed for approval of an Agreement to implement New Jersey’s groundbreaking offshore wind transmission grid solicitation from the Federal Energy Regulatory Commission (FERC). The Agreement, known as the State Agreement Approach (SAA), … Continue reading #New_Jersey Advances Offshore Wind Transmission Proposal at FERC
Largest U.S. Grid Operator Can’t Keep Up With New Solar Projects The largest electrical grid operator in the U.S. is seeking to block all new connections into its multistate transmission network, most of them new solar projects, while it works through its 1,200-project backlog, Inside Climate News reports. PJM Interconnection’s proposal, released late last month, … Continue reading Largest U.S. Grid Operator Can’t Keep Up With New Solar Projects
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