GE Energy Financial Services has announced that it will auction 15 MW of bi-directional electricity transfer capacity across its Linden, N.J., variable frequency transformer (VFT) smart grid project, which the company says uses GE technology to enable a simple and controlled transmission path between electrical grids.
GE Energy Financial Services will hold the auction in April to sell 15 MW of transmission scheduling rights. The scheduling rights will become available on July 1, 2013, and last through Oct. 31, 2014. The project's customers can use these rights to sell power capacity and energy sourced in the PJM Interconnection regional control area into the New York Independent System Operator (NYISO) regional control area. Linden VFT customers also can route energy from NYISO to the PJM Interconnection.
The Linden VFT smart grid project is located at the intersection of the NYISO and PJM power grids and is capable of transferring 315 MW of capacity. The project is adjacent to GE Energy Financial Services’ 900 MW Linden cogeneration power plant.
Linden VFT commenced commercial operation in late 2009, and GE says the transformers provide a precise control path between electrical grids, permitting power exchanges that were previously impossible because of technical constraints.
