Saturday, November 5, 2011

PEPCO 3rd quarter meeting MAPP update

This from Joseph Rigby:

The status of the Mid-Atlantic Power Pathway, or MAPP project, can be seen on Slide 12. As we have previously reported, PJM provided us notice in August, on August 18, that the scheduled in-service date for the MAPP project has been delayed from 2015 to the 2019 to 2021 timeframe. This delay takes into account changes in demand response, generation retirements and additions, as well as a revised load forecast for the PJM region that is lower than forecast used in previous PJM studies. The exact revised in-service date will be evaluated as part of PJM's 2012 Regional Transmission Expansion Plan review process. Given the delay in the end service date, we have suspended most permitting, engineering and environmental studies. However, with PJM support, we plan to complete right-of-way and land acquisition in Dorchester County and some permitting and environmental activities at an estimated cost of approximately $5 million in each of 2011 and 2012.