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Electric Grid Upgrade Set to Strengthen Service and Speed Restoration in Monmouth County
Prnewswire· 2025-12-15 18:57
Core Insights - FirstEnergy Corp.'s JCP&L is constructing a new high-voltage power line to enhance electricity reliability for customers in Middletown Township and Red Bank Borough [1][3] - The project includes underground and overhead line upgrades, aimed at providing backup electricity sources and improving infrastructure resilience [2][5] - The initiative is part of a broader $28 billion investment plan, Energize365, to modernize the electric grid from 2025 to 2029 [7] Project Details - The new power line will span approximately half a mile underground and one mile of stronger overhead lines, with a new wooden pole added near the Red Bank substation [2] - Construction began in September 2025 and is expected to be completed by February 2026, pending final approvals [4][6] - The project will benefit nearly 11,400 JCP&L customers by improving service reliability and reducing outage times [4] Additional Investments - A total of $1.6 million is being invested in strengthening the electric system in Northern Monmouth County, alongside a $36 million project to upgrade aging insulators across 76 miles of lines [5] - Upgrading these components, some over 40 years old, aims to reduce the risk of outages and enhance system safety [5] Long-term Strategy - Energize365 represents FirstEnergy's commitment to creating a smarter and more secure electric grid to meet current and future customer needs [7] - The program focuses on improving grid reliability, capacity, and flexibility, while also reducing outage frequency and restoration times [9]
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].