Electric utility executives generally view corporate restructuring as a potential source of economic value and a potential partial solution to financial problems that reflect changing business...
FERC fights for the green-grid superhighway—even if Congress won’t.
Of course, this new cutoff would see the eastern PJM utilities now having to pay millions to support grid facilities in western PJM, since, as Exelon explains, 345-kV lines dominate in Ohio, Indiana and Illinois.
“Exelon wishes to make it abundantly clear in this pleading that we believe a 500-kV cutoff for socializing costs is unjust and unreasonable … Companies in western PJM have historically used a 345-kV architecture for facilities that perform a comparable function.
“We intend to submit evidence in the remand docket that using a cutoff of 345-kV would be just and reasonable.”