- PJM Board Authorizes $1.8 Billion in Transmission Upgrades
- November 6, 2008
- Law Firm: Troutman Sanders LLP - Atlanta Office
On October 17, the board of directors of PJM Interconnection, LLC (“PJM”) approved $1.8 billion in transmission expansions and upgrades to enhance the reliability of the electric grid. The approved projects will affect the systems of fourteen grid owners in the PJM footprint.
The PJM system serves 51 million people in 13 states and the District of Columbia. Its Regional Transmission Expansion Plan (“RTEP”) includes upgrades and new transmission projects to interconnect new generation and enhance system reliability. Since approving its first RTEP in 2000, PJM has approved a total of $11.6 billion in improvements for its transmission system. This has resulted in more than 19,000 MW of new generation being connected to the grid. Another 96,000 MW of proposed new generation is currently under development in PJM, with 8,300 MW of projects already under construction.
The plan approved on October 17th consists mainly of projects costing less than $50 million each. The planning process is intended to prepare for the needs of the area 25 years into the future. In February 2008, the PJM Board authorized the last major upgrades. Since then, PJM has completed 82 interconnection system impact studies that identified additional upgrades needed to add new interconnections to the PJM system.
Additional information about PJM’s RTEP is available online at: http://www.pjm.com/planning/reg-trans-exp-plan.html.