Latest PJM Interconnection Stories
MORRISTOWN, N.J., Aug. 24, 2012 /PRNewswire/ -- During the year following Hurricane Irene, Jersey Central Power & Light (JCP&L) has re-focused its approach to major storms to meet customer and community expectations, while continuing to upgrade and maintain the company's electric system to improve reliability and meet the growing demand for electricity. "Our customers have expectations for their service and to meet them we must continuously improve," said Holly C. Kauffman,...
MORRISTOWN, N.J., Aug. 21, 2012 /PRNewswire/ -- Jersey Central Power & Light (JCP&L) is adding laptop computers to more than 400 line trucks and support vehicles to improve maintenance service and manage repair work more efficiently. The $5 million project is expected to be completed by next spring. Crews using the new laptop computers will be able to view electronic work orders, instead of writing the information down when radioed or phoned in from the company's...
EAGLEVILLE, Pa., Aug. 16, 2012 /PRNewswire/ -- PJM Interconnection's wholesale electric energy and capacity markets produced competitive results during the first six months of 2012, according to the 2012 Quarterly State of the Market Report for PJM: January through June, released today by Monitoring Analytics, LLC, the Independent Market Monitor for PJM. The Independent Market Monitor, Joseph Bowring, announced findings of the report today. The report is the Independent Market...
AKRON, Ohio, July 18, 2012 /PRNewswire/ -- FirstEnergy Corp.'s (NYSE: FE) Ohio utilities announced that the Public Utilities Commission of Ohio approved their proposed Electric Security Plan (ESP). Today's ruling allows the FirstEnergy Ohio utilities - Ohio Edison, Cleveland Electric Illuminating and Toledo Edison - to essentially extend their current ESP for two additional years and establish electricity prices for their customers through May 31, 2016. The current ESP is widely...
AKRON, Ohio, July 17, 2012 /PRNewswire/ -- The Board of Directors of FirstEnergy Corp. (NYSE: FE) today declared an unchanged quarterly dividend of 55 cents per share of outstanding common stock. The dividend will be payable September 1, 2012, to shareholders of record as of August 7, 2012. FirstEnergy is a diversified energy company dedicated to safety, reliability and operational excellence. Its 10 electric distribution companies comprise one of the nation's largest...
MORRISTOWN, N.J., June 26, 2012 /PRNewswire/ -- Jersey Central Power & Light (JCP&L) recently hired 36 new line and substation workers to work out of service centers and substations across the company's service territory. The new employees are teamed with seasoned crews performing maintenance activities and power restoration work 24 hours a day, seven days a week when needed. Each employee is a recent graduate of JCP&L's Power Systems Institute, a two-year training...
ALLENTOWN, Pa., June 20, 2012 /PRNewswire/ -- Pre-construction activities for the Susquehanna-Roseland regional power line project will begin in the Scranton area in mid-July, PPL Electric Utilities said Wednesday (6/20), with line construction expected to start later this year. Work generally will move west to east along the line route in Pennsylvania, in Luzerne, Lackawanna, Wayne, Pike and Monroe counties. Meanwhile, Public Service Electric & Gas Co. crews will be...
SACRAMENTO, Calif., June 18, 2012 /PRNewswire/ -- GridSense, an Acorn Energy (NASDAQ: ACFN) company that develops and markets advanced monitoring solutions for the electric power industry, is pleased to announce that Alain P. Steven has joined its Board of Directors. Steven, an internationally recognized expert in development of large scale real-time IT solutions for the electric power industry, is Co-Founder and Executive Vice President for Viridity Energy, Inc., which provides...
MORRISTOWN, N.J., June 14, 2012 /PRNewswire/ -- Jersey Central Power & Light (JCP&L) will start work on 17 transmission construction projects over the next six months in its northern and central New Jersey service areas that are designed to improve service reliability for the company's 1.1 million customers. The multi-year, $200 million Local Infrastructure and Transmission Enhancement (LITE) program, which began in 2011, addresses the state's growing...
WASHINGTON, June 13, 2012 /PRNewswire-USNewswire/ -- In conjunction with the upcoming National Town Meeting on Demand Response and Smart grid in Washington, DC, the Association for Demand Response and Smart Grid (ADS) released today its annual nationwide review of state policy developments. The Report, "Demand Response & Smart Grid--State Legislative and Regulatory Policy Action Review: July 2011 - May 2012," is ADS's annual overview of state regulatory and legislative policy...
