Public Service Electric and Gas is expected to invest $3bn in 2016 as part of its five-year $12bn capital program, Public Service Enterprise Group Chairman, President and CEO Ralph Izzo said on April 29, adding that transmission is the largest part of PSE&G’s effort.
FERC said that it finds that comparability does not require identical application to demand response resources and generation resources of PJM’s offer cap and the must-offer requirement, as alleged by the market monitor.
The California ISO on April 25 filed with FERC to bring its tariff proposal on competitive transmission development in line with FERC’s March 25 order that accepted the tariff change but called for a few modifications.
Following a record period for renewable power project development in 2015 and thus far in 2016 at NextEra Energy Resources, the company hopes to see transmission grid enhancements in Texas to support additional wind project integration, John Ketchum, executive vice president and CFO of parent company NextEra Energy said April 28.
The Southwest Power Pool (SPP) board approved 86 transmission upgrades representing $363m in costs, selected Mid-Kansas Electric Cooperative to build the North Liberal to Walkemeyer 115-kV line in western Kansas, and voted to lower the planning reserve margin from 13.6% to 12%, SPP said April 26.
The Delaware Public Service Commission (PSC) is considering whether to seek rehearing of FERC’s decision regarding the Artificial Island transmission project, a PSC spokesperson told TransmissionHub April 27.
FirstEnergy plans to file rate cases this week for JCP&L and its four Pennsylvania utilities that are consistent with the company’s goals of enhancing customer service and reliability, strengthening the distribution system, and improving security, FirstEnergy President and CEO Charles Jones said on April 27.
ATXI has shown a need for the project, qualifications to own and operate it, the financial ability to build it, the economic feasibility of building it, and the public interest that would be served by building it, the PSC said in its April 27 order.