Transmission line rebuild approved
The Valley Forge, Pennsylvania-based organization says rebuilding the 500-kilovolt line from Mount Storm in West Virginia and Doubs, Maryland would increase capacity more than 60 percent. It's expected to cost between $320 million and $370 million.
PJM says its board also reaffirmed support for the proposed Potomac-Appalachian Transmission Highline, or PATH, project. The 277-mile PATH project calls for a 765-kilovolt line from American Electric Power's John Amos plant in West Virginia, across parts of northern Virginia, to a substation near Kemptown, Maryland.
The $2.1 billion project won PJM approval in 2007, but regulators are still mulling approval.
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Solar changing shape of electricity prices in Northern Europe
BERLIN - The latest EU electricity market report has confirmed the affect deeper penetration of solar is having on power prices.
The Quarterly Report on European Electricity Markets for the final three months of last year noted the number of periods of negative electricity pricing doubled from 2019, to almost 1,600 such events.
Having experienced just three negative price events in 2019, the Netherlands recorded almost 100 last year “amid a dramatic increase in solar PV capacity,” in the nation, according to the report.
Whilst stressing the exceptional nature of the Covid-19 pandemic on power consumption patterns, the quarterly update also noted a…
