Electric Grid & NE Pipeline Companies Get Up Close and Personal
PJM Interconnection is a regional electric transmission organization that coordinates wholesale electricity for 13 states and the District of Columbia. PJM, headquartered in Valley Forge, PA, covers the electric grid in the Marcellus/Utica region, including PA, OH, WV, MD, KY and VA. It is the world's largest competitive wholesale electricity market with 900 members serving 61 million people! In a clear signal just how important shale gas has become for electric generators, PJM yesterday announced yesterday an agreement (deal?) to work more closely with a group of the biggest pipeline companies in the Marcellus/Utica "to work more closely with each other to improve operational planning and address growing interdependence between the electric and natural gas industries"--at least through June 2016. Working more closely means sharing non-public information back and forth between PJM and the pipeline companies...
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