PJM Board OKs $260M in Tx Projects
Dec 13, 2016
The PJM Board of Managers approved the RTO's 2016 Regional Transmission Expansion Plan which includes $260M in transmission projects.
The PJM Board of Managers last week approved almost $260 million in transmission reliability projects.
The projects in the 2016 Regional Transmission Expansion Plan include:
- New baseline reliability upgrades ($158.1 million);
- Changes to previously approved upgrades (net increase of $47.3 million); and
- Facilities, network upgrades and withdrawal of canceled facilities related to the interconnection queue (net increase $54 million).
With the board’s action, PJM has approved more than $29 billion in transmission additions and upgrades since the first RTEP in 2000.
The board also approved an installed reserve margin of 16.6% for 2017/18. The IRM approval includes associated parameters for each of the next four delivery years.
The IRM study results were approved by the Markets and Reliability Committee in October. (See “IRM Study Approved but Criticized for Lack of Winter Analysis,” PJM Markets and Reliability and Members Committees Briefs.)
– Rory D. Sweeney