PJM to invest $636M in power transmission projects

WCN Editorial Team 11 Aug 2016 NORTH AMERICA ENERGY & UTILITIES

US-based regional transmission organisation PJM Interconnection has approved a $636M investment for power transmission projects to enhance the grid and reduce electricity costs in the USA.


A total of $320M will be invested in a project to alleviate transmission congestion across the Pennsylvania and Maryland border. The project will include improvements at existing substations, and the construction of two new substations and two new transmission lines, as well as improvements to existing lines.

The development — to be built by Transource Energy, Baltimore Gas & Electric and Allegheny Power — is expected to be operational in 2020.

PJM president and CEO Andrew Ott said: "This is PJM's largest-ever market efficiency project, and we expect it will resolve a significant amount of the remaining transmission congestion in the eastern portion of PJM."

Additionally, PJM has approved a $316.3M for the new or changed projects to maintain the reliability of the regional electric transmission grid.

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