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.
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"We are totally moving in the wrong direction," said economist Marc Lee, one of the authors of the report, on The Early Edition Wednesday.
He said most of the emphasis of B.C. government policy has been on slowing reductions…
