FAIRFIELD, Conn., Feb. 17, 2015 /PRNewswire/ -- Hudson Transmission Partners, LLC will hold an open season to auction 66 MW of transmission capacity between the PJM and NYISO regional transmission organizations (RTOs).
Bidders will have the opportunity to purchase 66 MWs of transmission scheduling rights (TSRs), which can be used to schedule non-firm, physical energy flows from Public Service Electric and Gas Company's (PSEG) Bergen substation in PJM to the Hudson pricing node in ConEd's West 49th Street substation in NYISO for a term of three years. During the three year term of the contract, Hudson Transmission Partners may also gain approval to schedule non-firm energy flows from NYISO into PJM.
A virtual data room has been established to host materials and facilitate communication with interested parties. Potential bidders should email [email protected] to register interest in participating in the Auction and to receive access to the auction data room.
Hudson Transmission Partners, LLC is an affiliate of PowerBridge, LLC, an active developer responsible for the development, financing, construction, and operation of 1,320 MW of power transmission infrastructure representing $1.5 billion in private investment.
Hudson Transmission Partners, LLC
SOURCE Hudson Transmission Partners, LLC