Regulators wonÂ’t delay power line proceedings
American Electric Power Co. and Allegheny Energy Inc. had asked to delay the review schedule for the application for the Virginia segment of the $2.1 billion Potomac-Appalachian Transmission Highline. That's because they wanted to update the application with new projections on increased energy demands along the East Coast by 2015.
A hearing examiner with the State Corporation Commission denied the request earlier.
The proposed 275-mile, 765-kilovolt power line would run from AEP's John Amos plant in West Virginia, 31 miles across three counties in northern Virginia, to a substation near Kemptown, Maryland.
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Ambitious clean energy target will mean lower electricity prices, modelling says
LONDON - The more ambitious a clean energy target is, the lower Australian wholesale electricity prices will be, according to new modelling by energy analysis firm RepuTex.
The Finkel review, released last month recommended the government introduce a clean energy target (CET), which it found would cut emissions from the national electricity market and put downward pressure on both wholesale and retail prices.
The Finkel review only modelled a CET that would cut emissions from the electricity sector by 28% below 2005 levels by 2030. But all available analysis has demonstrated that such a cut would not be enough to…