Middletown, DE – The Silver Run Electric (SRE) transmission line project officially broke ground this morning at an event near the proposed substation on Silver Run Road in Middletown, Delaware.
“Any project that strengthens Delaware’s competitive positioning in the region, while paying very close attention to environmental impact, is something we should all celebrate,” said Lt. Governor Dr. Bethany Hall-Long, key note speaker at the event.
The Silver Run project started in 2013 when electrical grid operator PJM opened its first major competitive transmission process to solve grid stability issues in and around the Artificial Island area in southern New Jersey. After carefully reviewing the many proposed solutions, PJM selected LS Power affiliate, Silver Run Electric, to build, own, and operate a new power line linking Delaware and New Jersey.
A Delaware Partnership
“Each of you are here today because you’ve played an important role in this project over the past several years,” said SRE Project Director Casey Carroll. “I’m happy to move this project from development to construction, and thank you again for your part in this achievement.”
“Delaware feels like home to many of us at LS Power,” said LS Power CEO Paul Segal. “In 2011 we constructed the Dover SUN Park – which was one of the first utility scale installations in the eastern United States. It’s been a privilege working with the great neighbors, regulators and elected officials of Delaware.”
Underscoring the Delaware commitment, SRE was an early advocate for electric consumers in the fight for a more equitable rate allocation, eventually cut from 60% to 6% by the Federal Energy Regulatory Commission.
Project Firsts for the First State
The Silver Run project has been lauded for its many innovative initiatives in the First State:
- First major competitive transmission process in the eastern U.S.
- First time vertical injector technology will be used to install submarine power cables in the U.S.
- First time a cable of this size and voltage will be used in a submarine application
- First cost cap to protect consumers against overruns
- First new entrant utility to build, own, and operate components of the regional electrical system in Delaware
The project is expected to be completed in 2020.
Other Delaware dignitaries in attendance at the groundbreaking ceremony included State Senator Stephanie Hansen, State Senator Bruce Ennis, and New Castle County Executive Matthew Meyer. Representative Kevin Hensley served as Master of Ceremonies.