PJM approves grid’s largest efficiency project as part of $636M transmission investment
The largest efficiency project PJM has ever undertaken bubbled up from its competitive process for transmission improvements, and is expected to be complete by 2020.
“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,” said PJM President and CEO Andrew Ott.
AEP affiliate Transource Energy, Baltimore Gas & Electric and Allegheny Power will be responsible for most of the project construction, which aims to reduce transmission congestion across the Pennsylvania and Maryland border. Plans call for upgrading existing substations, construction of a pair of new substations, two new transmission lines and other improvements to existing lines.
In addition, PJM’s board also approved more than $316 million in other projects to maintain the reliability of the regional electric transmission grid.