POWER-GRID OPERATOR PJM HANDS OFF HIGH-SPEED TRANSMISSION PROJECT
PSE&G will handle one of three components to add resilience to power grid, upgrade Salem substation
The operator of the nation’s largest power grid yesterday moved to bolster the reliability of its system in southern New Jersey by designating three companies to handle the project.
PJM accepted a staff recommendation to split the project into three components, including one to be undertaken by PSE&G to do work at Artificial Island in Lower Alloways Creek where an affiliate operates three nuclear power plants.
The project decision has been closely anticipated by industry officials and energy analysts because it is the first transmission upgrade in PJM to be competitively bid out, instead of ordering the incumbent utility (in this case, Atlantic City Electric) to do the work.