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Power-grid operator concerned about profit guarantees for plants

Power-grid operator concerned about profit guarantees for plants The operator of Ohio’s electricity grid has some big concerns about profit-guarantee proposals for American Electric Power and FirstEnergy, but is treading carefully in its comments. PJM Interconnection filed a brief on the AEP proposal on Monday, urging Ohio utility regulators to be aware of that subsidizing … Continue reading Power-grid operator concerned about profit guarantees for plants

#ITC files joint permit application with Pennsylvania DEP and U.S. Army corps of engineers for Lake Erie Connector project

ITC files joint permit application with Pennsylvania DEP and U.S. Army corps of engineers for Lake Erie Connector project ITC Lake Erie Connector LLC, a wholly-owned subsidiary of ITC Holdings Corp., the largest independent electricity transmission company in the United States, today announced it has filed a joint permit application with the Pennsylvania Department of … Continue reading #ITC files joint permit application with Pennsylvania DEP and U.S. Army corps of engineers for Lake Erie Connector project

Federal challenges could sink Ohio utilities’ income guarantee plans #AEP #FE

Federal challenges could sink Ohio utilities’ income guarantee plans New court cases and filings with the Federal Energy Regulatory Commission could derail FirstEnergy and American Electric Power’s plans to guarantee sales to affiliated power plants, even if Ohio regulators approve the deals. On January 27, the Office of the Ohio Consumers’ Counsel joined with competing … Continue reading Federal challenges could sink Ohio utilities’ income guarantee plans #AEP #FE

Ratepayer advocates say ‘everyone is unhappy’ with #Ohio electric market

Ratepayer advocates say ‘everyone is unhappy’ with Ohio electric market “Everyone is unhappy” with the state of the electric industry in Ohio, according to a report issued Tuesday night by the state agency charged with protecting the interests of Ohio electric consumers. Noting that a majority of states have lower electric rates, the report from … Continue reading Ratepayer advocates say ‘everyone is unhappy’ with #Ohio electric market

Sumitomo begins operation of 6 MW, 2 MWh battery for PJM frequency regulation

Sumitomo begins operation of 6 MW, 2 MWh battery for PJM frequency regulation The growth of wind and solar power projects has brought with it a growing need for energy storage to balance the intermittent supply of those renewable resources. Sumitomo’s Willey Battery Utility in Ohio is meant to address the intermittency in the PJM … Continue reading Sumitomo begins operation of 6 MW, 2 MWh battery for PJM frequency regulation