A couple weeks ago, PJM's Board of Managers very quietly suspended the Transource Independence Energy Connection Project "due to permitting risks."*
Between court, writing regulatory filings, and *gasp* a long-delayed vacation, I totally missed it. From the look of things, though, so did everyone else. So it's time to stand up and cheer, everyone! You did it!!!
What does "suspend" mean? It means that the project, which PJM calls "9A", has been removed from PJM's Regional Transmission Expansion Plan "pending further notice." The project is not outright cancelled in its entirety... yet. But, this means we're half-way there!!!
Between court, writing regulatory filings, and *gasp* a long-delayed vacation, I totally missed it. From the look of things, though, so did everyone else. So it's time to stand up and cheer, everyone! You did it!!!
What does "suspend" mean? It means that the project, which PJM calls "9A", has been removed from PJM's Regional Transmission Expansion Plan "pending further notice." The project is not outright cancelled in its entirety... yet. But, this means we're half-way there!!!
PJM says it will remove 9A from its upcoming RTEP and re-evaluate any reliability issues that remain.
And what reliability issues does PJM foresee in its unneeded project crystal ball? These.
But, pay attention to that last sentence in the very small font. "Note: Violations are small in magnitude and operating steps for a short term duration can mitigate issues pending further review in 2022 RTEP."
Violations are small and not causing any problems currently. You probably don't need a $500M sledgehammer to crack these nuts.
However, this whole thing bears watching. I hate to tell you this, but when the same thing happened with the PATH Project, we had to wait 18 months for the re-evaluation and the actual cancellation of the project. But I fully expect it is coming.
Now maybe Transource can quit wasting my money?
However, this whole thing bears watching. I hate to tell you this, but when the same thing happened with the PATH Project, we had to wait 18 months for the re-evaluation and the actual cancellation of the project. But I fully expect it is coming.
Now maybe Transource can quit wasting my money?
*This means YOU! Good work!
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