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PJM BOARD AUTHORIZES $4.6 BILLION IN CHANGES TO REGIONAL ELECTRIC GRID

By: PJM |

  • The PJM Interconnection board approved $4.6 billion in transmission additions and upgrades across its 13-state footprint.
  • More than $3 billion of the changes to the system are upgrades to connect new generating facilities.
  • The plan includes a $1.2 billion project in northern New Jersey to address short circuit and thermal problems. The project is being built by PSE&G, a subsidiary of Public Service Enterprise Group.
  • But due to reduced load growth and other changes, some previously approved projects have been canceled, including the Toronto-Harmon 345-kV line in FirstEnergy’s American Transmission System Inc.’s territory.

“With more than 20,000 MW of generation retiring in the PJM region and new gas plants being built in various locations to replace them, it’s essential for the transmission system to keep pace,” said PJM President and CEO Terry Boston.