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Electric Grid Upgrade Set to Strengthen Service and Speed Restoration in Monmouth County
Prnewswire· 2025-12-15 18:57
Built to Power the Future Additional Local Upgrades Underway This project is part of a $1.6 million investment to make the electric system stronger and more reliable for Northern Monmouth County. Here's what's happening: An additional $36 million project is upgrading aging insulators – the parts that keep power lines securely attached to poles – along 76 miles of lines in Monmouth, Essex, Hunterdon, Middlesex and Morris counties. Upgrading these aging components, some of which are more than 40 years old, lo ...
Mon Power and Potomac Edison Invest $13 Million to Boost Reliability for Rural West Virginia Communities
Prnewswire· 2025-11-13 18:56
Core Insights - FirstEnergy is investing $13 million in infrastructure to enhance electric service reliability for over 12,700 rural customers in West Virginia, focusing on reducing outages during severe weather [1][2]. Infrastructure Investment - The investment is part of a three-year pilot program approved by the Public Service Commission of West Virginia aimed at improving service reliability [1]. - Projects include building new power lines, upgrading to stronger wire, adding substation transformers, and installing automated smart technologies [7]. Specific Projects - In Berkeley and Morgan counties, a four-mile power line will connect two lines serving 5,400 customers, providing backup power to minimize outages [8]. - In Greenbrier County, a second transformer will be installed at a substation in Union to support 2,238 customers and future growth [8]. - In Hancock County, wire upgrades on an existing line will enhance backup power for over 3,100 customers, with additional equipment like regulators and reclosers to improve service reliability [8]. - In Tyler County, a two-mile tie line will be upgraded to reduce outages for 2,000 customers [8]. Company Overview - FirstEnergy operates one of the largest investor-owned electric systems in the U.S., serving over six million customers across multiple states [4].
APA Group votes down investor climate complaints over Beetaloo pipeline plans
The Market Online· 2025-10-22 01:04
Core Viewpoint - The APA Group's board and a significant majority of shareholders are voting against four climate-related resolutions concerning new gas pipelines during the October 22 meeting [1][2]. Group 1: Resolutions and Shareholder Response - The four resolutions were proposed by a group of climate-conscious shareholders, with the expectation that they will be strongly rejected [2]. - The first two resolutions aimed to allow investors to express opinions or request information on developments, while the other two focused on APA's plans for the Beetaloo coal seam gas deposits [4]. - The chair of APA, Michael Fraser, stated that the proposed resolutions do not have the support of the majority of securityholders [5]. Group 2: Company Operations and Financials - APA manages $27 billion in pipelines, power lines, and renewable generation projects, and is currently developing the Beetaloo Basin for increased gas production [3]. - The Northern Territory government has backed the Beetaloo pilot project with a $75 million underwriting of a $180 million loan to Tamboran Resources, a partner of APA [6]. Group 3: Environmental Commitment and Governance - APA emphasizes its commitment to transparency in emissions data and climate plans, reaffirming its goals for 2030 [6]. - The company believes it has adequate governance and disclosure arrangements for future gas infrastructure projects, aligning with Australia's energy transition needs [6].