PATH Abeyance
Analysis performed during the 2010 RTEP cycle required an in service date of June 1, 2015 for the PATH Line as shown on Map 1.3. The PJM Board issued a statement on February 28, 2011, suspending the PATH line.
PJM staff performed an updated analysis based on the 2011 RTEP assumptions that included Generation Deliverabilty; and Load Deliverability for the following LDA’s: MAAC, Southwest MAAC, Eastern MAAC, PEPCO and Dominion. Additional analysis performed on a 2017 study year case with 2011 RTEP assumptions examined the impacts on the PATH abeyance from Warren Generation, Global Insights load forecast, RPS, at risk generation and State DSR/EE goals. 2011 RTEP analysis suggests that the need for the PATH line has moved several years beyond 2015. Based on these analyses the PJM Board has decided to continue to hold the project in abeyance and requested that the transmission owners suspend development activities. Furthermore the PJM Board has directed staff to perform additional analysis using the 2012 RTEP assumptions and incorporating May RPM base residual auction results.
In honor of this momentous occasion, the li'l Coalfella has dug up some of his trademark stupid comments, just for you:
"Our energy delivery to customers still remains below 2008 levels,” Colafella told MetroNews. “You're really looking at a situation that's different today than when PATH was originally proposed."
PJM has continued to research the PATH project for the last year, getting updates to determine if things are changing. At this point, Colafella says the answer is "no."
"The landscape today is really no different than where we were a year ago,” he said. “Supply really continues to exceed demand on the electric grid."
Colafella says First Energy and Appalachian Power are following the lead of PJM.
"The companies are not moving forward with the project,” he said. “At this point there aren't any activities that are underway."
Except for that collection of $13M out of your wallet this year. Li'l Coalfella forgot that "activity."
Looks like our li'l Coalfella isn't so hopeful about his little PATH Project anymore. Compare the above with the stupid comments he made last year:
"'The investment we’ve already made won’t be lost though, because the project is not lost — just suspended,' Colafella said."
The project is lost. Get on with the abandonment before your $140M investment is "lost" too. We're not going away until you do.