October 17, 2015 |
PJM Interconnection's board on Thursday authorized 11 improvements to the electrical transmission grid in its 13-state region. The regional grid manager, which is based in Valley Forge, said the projects are expected to cost $59 million and will yield $815 million in savings over 15 years. The projects, which are enhancements to the existing transmission system rather than new lines, include three upgrades in Pennsylvania, all located near the Susquehanna River south of Harrisburg.
August 26, 2015 |
Exelon Corp. announced Monday that three of its aging nuclear stations did not clear the regional power grid's capacity auction on Friday, calling the plants' long-term financial viability into question. The plants include Pennsylvania's Three Mile Island Unit 1 outside Harrisburg, which faces growing competition from low-cost natural-gas power producers, and Oyster Creek Generating Station in New Jersey, which is already scheduled for retirement in 2019. Friday's auction by PJM Interconnection, the Valley Forge operator of the power grid serving 13 states, was aimed at securing more reliable electricity supplies during emergencies in 2018-19.
August 23, 2015 |
Power producers across 13 states will receive an additional $3.4 billion in 2018-19, according to results announced Friday of an auction aimed at securing more reliable electricity supplies during emergencies. The auction by PJM Interconnection, the Valley Forge operator of the power grid stretching from the mid-Atlantic to Illinois, was revised after many power generators failed to produce during cold snaps because of frozen equipment or curtailed fuel supplies. The grid operator "had to act decisively" to change its auction rules to give producers incentive to make improvements, and to penalize those that fail to produce as promised, PJM chief executive Terry Boston said in a statement.
August 22, 2015 |
During the severe cold snap of January 2014, about 22 percent of the Philadelphia region's power generators were unable to deliver electricity as promised. Their plants were incapacitated by frozen equipment, frozen water, and frozen fuel. The crisis, which caused some customers' electricity bills to more than double, triggered alarms at PJM Interconnection, the Valley Forge operator of the region's power grid. It set about to change its rules to improve electricity reliability in its territory, which covers all or parts of 13 states and the District of Columbia.
March 7, 2015 |
A Navy Yard energy-storage firm expects to step up to a bigger stage after its acquisition by renewable-power project developer SunEdison Inc. Solar Grid Storage L.L.C., a start-up formed in 2011 and funded partly with $250,000 in venture capital from the Ben Franklin Technology Partnership, on Thursday announced its sale to SunEdison for an undisclosed sum. Solar Grid has four energy-storage projects, including one that is part of Pennsylvania State...
January 29, 2014 |
PJM Interconnection, the regional electricity grid operator, has called on customers to conserve power on Tuesday, when arctic conditions are expected to push demand to the limits of the transmission system. The grid on Tuesday evening is projected to surpass the winter demand record set on Jan. 7, said Paula DuPont-Kidd, a PJM spokeswoman. Utilities are asking consumers to conserve electricity especially from 6 a.m. to 10 a.m. on Tuesday as well as from 5 p.m. to 9 p.m. Utilities urged electric heating customer to set their thermostats lower than usual, if health permits, to turn off unneeded lights and appliances, and to delay using major appliances like stoves, dishwashers and clothes dryers.
July 6, 2013 |
In a lawsuit with big implications for state utility customers, Public Service Enterprise Group and three of its subsidiaries accused 10 insurance companies of shortchanging them $456 million for damage to their power grid. Insurers say they will cover only $50 million in payouts, arguing that policies restrict reimbursements above that amount in specific flood zones. PSEG and its subsidiaries filed a lawsuit June 18. Utility customers could end up paying the bill to repair the infrastructure if the court upholds the insurance companies' view.
March 7, 2013 |
America's power grid is like an old car. It gets the job done, but the repair bills go up every year, and experts say only a major overhaul will reverse its decline. An Associated Press analysis of utility spending and reliability nationwide found that electric customers are spending 43 percent more than they did in 2002 to build and maintain local electric infrastructure. Since then, power outages have remained infrequent, but when the lights go out, it takes longer to get them back on. Neither the spending nor the reliability trends is dramatic on its own. But experts say the combination is revealing: It suggests that extra money from electric customers isn't being spent wisely, or that utilities are not investing nearly enough to upgrade fragile equipment increasingly threatened by major storms.
February 14, 2013 |
Paul P. Leufkens was chatting Tuesday afternoon in his office at the KEMA-Powertest lab in Chalfont when a blast outside the building shook the walls, and a blinding flash lit up the window. "People sometimes ask if the explosions frighten me," said Leufkens, president of the lab. "Actually, I'm scared when we don't feel these shots. " They get paid to blow things up at KEMA-Powertest, the largest independent high-power electrical-testing facility in America. No explosions means no business.
February 11, 2013 |
Grégoire Poux-Guillaume is president of Alstom Grid, one of the world's leading providers of systems that manage complex electrical networks. He was on a flight to Philadelphia last Sunday when the Super Bowl was under way, so he has an alibi during the blackout. "We don't have any direct involvement in that," he said, laughing. The Super Bowl outage was caused by faulty switchgear in the electrical lines serving the Superdome, but it amounted to a free half-hour commercial on the important role played by the power grid.