PJM Board Approves $1.2B in transmission improvements
The announced changes call for upgrades and improvements to transformers, substations and other transmission facilities throughout the region served by PJM.
"PJM and our members know firsthand that a strong, resilient grid is important to meet the challenging impacts of Mother Nature, such as Super Storm Sandy last year, and the ongoing, dramatic shift of generation from coal to natural gas that's resulted in the closure of many older coal plants," said Terry Boston, PJM president and CEO. "PJM's transmission improvement plan and these new upgrades address these challenges."
With these changes, the PJM regional transmission plan includes more than $24.2 billion of transmission additions and upgrades since the first plan was approved by the board in 2000.
Related News
UCP scraps electricity price cap, some will see $7 bill increase this month
EDMONTON - Electricity will be more expensive for some Edmontonians in December after the UCP government scrapped a program that capped rates.
Effective Nov. 30, the province got rid of the price cap program for Regulated Rate Option customers.
In 2017, the NDP government capped the kilowatt per hour price at 6.8 cents, meaning Edmontonians would pay the market rate and not more than the capped price.
In December, kWh will cost 7.5 cents. Typical Edmonton homes use an average of 600 kWh, increasing bills by $7.37, or 3.9 per cent, compared to November.
The NDP created the capacity system to bring price stability…
