PJM approves $1B more in transmission upgrades
PJM has announced upgrades to address the region's potential reliability issues.
As part of PJM's Regional Transmission Expansion Plan, which ensures the reliability of the high-voltage transmission system over the next 15 years, the PJM Board has approved nearly $1 billion in additional electric transmission upgrades to maintain reliability power supplies. In 2012, the PJM Board authorized a total of $4.7 billion in transmission projects. Since PJM's formal planning process began in 2000, the board has authorized $23 billion in transmission additions and upgrades.
Among the upgrade projects are improvements and changes to substations, transformers and existing transmission facilities in almost all PJM's transmission zones.
"The regional transmission expansion planning process keeps us on a steady course of focusing on long-term reliability even amid a sea of changes like those we've seen this past year," said Terry Boston, PJM president and CEO, in a statement. "We've seen announced retirements of almost 16,000 megawatts of generation and a dramatic shift toward an increase of natural gas-fired generation."
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