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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Power Demand Seen Holding Firm In Europe’s Latest Lockdown
BERLIN - European power demand is likely to hold up in the second round of national lockdown restrictions, with fluctuations most likely driven by changes in the weather.
Traders and analysts expect normal consumption this time around as home heating during the chilly season replaces commercial demand.
Last week electricity consumption in France, Germany and the U.K. was close to business-as-usual levels for the time of year, according to BloombergNEF data. By contrast, power demand had dropped 16% in the first seven days of the springtime lockdown.
How power demand performs has significance outside the sector. It’s often seen as a proxy for…
