Utility project OK'd to avert blackouts

Utility project OK'd to avert blackouts

There are 1 comment on the Baltimore Sun story from Dec 5, 2008, titled Utility project OK'd to avert blackouts. In it, Baltimore Sun reports that:

PJM Interconnection LLC, operator of the high-voltage power network extending from New Jersey to Chicago, has approved $1.6 billion of improvements to help avert blackouts.

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T-bone

Ocean City, MD

#1 Dec 5, 2008
PJM is a joke. What the hell is a private company doing deciding how and where we build transmission lines in this country? Is it just me? Am I the only one who sees where this is heading in a few years- the same as the recent Wall Street debacle and the mortgage crisis. Allowing private, for profit companies to make important decisions behind close doors that effect all of the market is just wrong and will lead to decisions that are distorted by greed and/or graft. It is time to return to the government's role as regulator and market watchdog and put PJM to rest.

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