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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Sources close to those discussions say a decision has been made to lengthen the existing five-month disconnect moratorium by an additional three months.
News releases about the moratorium extension are currently being drafted and are expected to be released shortly.
Electricity utilities in Ontario are currently prohibited from disconnecting residential customers for non-payment during the winter period from November 15 to April 30.
The province is also looking at providing further relief by adjusting time-of-use prices, which are designed to encourage…
