PJM Board OKs $1.2 B in Transmission Reliability Projects
Oct 7, 2013
The PJM Board of Managers last week approved $1.2 billion in transmission reliability projects.
The PJM Board of Managers last week approved $1.2 billion in transmission reliability projects.
CEO Terry Boston said the projects in the 2013 Regional Transmission Expansion Plan (RTEP) will enhance grid resiliency and respond to the shift of generation from coal to natural gas.
PJM has approved more than $24.2 billion in transmission additions and upgrades since the first RTEP in 2000.
The plan includes upgrades and improvements to transformers, substations and other facilities.
The upgrades were Reliability Projects in 2013 RTEP Likely to Exceed $1B)
The approved projects can commence as soon as the transmission developers receive required state and local regulatory approvals, said PJM Chief Financial Officer Suzanne Daugherty.