Tomorrow, PJM’s Transmission Expansion Advisory Committee (TEAC) meets. PJM’s staff has prepared this slide show for the TEAC.
The first part of the slide show gives you a look at how PJM is developing its numbers and analysis to integrate state renewable portfolio standards (RPS) into its transmission planning. Many states, WV being the big exception, have set targets for percentages of their power which must be from renewable sources by particular dates. Most states in PJM have created renewable energy credit markets to reward investment in renewable energy and provide a convenient way for utilities to provide verifiable evidence of their use of renewable power.
Note that PJM has set up three different scenarios based on three different estimates of how much offshore wind power will be produced in PJM by 2026, the end of their current 15 year planning horizon.
A browse through the graphs of each states’ RPS system, including WV’s pathetic “alternative” portfolio standard, will give you a pretty good idea of how states are providing incentives for investment in renewable generation. The slide show also provides a clear picture of the superiority of offshore wind power, as has been shown continually on The Power Line. You can also see PJM’s potential to push land based wind power from outside PJM on PJM’s rate payers, along with the new transmission lines this will require. Take a look at the shorter and much less expensive transmission options for bringing offshore wind power to PJM’s major population centers.