The First Truly Merchant Transmission Project In US

Law360, New York (November 20, 2009, 10:19 AM EST) -- Lots of people have been talking about the smart grid, but there hasn’t been much visible progress toward achieving that goal.

That changed on Nov. 1, 2009, when the Linden VFT merchant transmission project — a fully controllable AC transmission line that further integrates the wholesale power markets operated by PJM in New Jersey with the wholesale power market operated by NYISO in New York City – entered commercial service, thereby completing the development of the first truly merchant transmission project in the United States....
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