PJM planning major upgrades for grid
The upgrades will include a 500-kilovolt transmission line in North Jersey that will strengthen the regional grid, Valley Forge, Pa.-based PJM said.
It will also include changes to the approved Mid-Atlantic Power Pathway project that involves a high voltage direct current line from under the Chesapeake Bay at Calvert Cliffs, Md., to the Vienna and Indian River substations on the Delmarva Peninsula.
Related News
Brazil tax strategy to bring down fuel, electricity prices seen having limited effects
BRASILIA - Brazil’s congress approved a bill that limits the ICMS tax rate that state governments can charge on fuels, natural gas, electricity, communications, and public transportation.
Local lawyers told BNamericas that the measure may reduce fuel and power prices in the short term but it is unlikely to produce any major effects in the medium and long term.
In most states the ceiling was set at 17% or 18% and the federal government will pay compensation to the states for lost tax revenue until December 31, via reduced payments on debts that states owe the federal government.
The bill will become law…
