Operator to spend over $5B in transmission-improvement projects

03/7/2013 | Platts

Grid operator PJM Interconnection said it authorized more than 750 electric transmission-improvement projects last year. The upgrades are due to "massive power plant retirements, fuel-switching to cheaper natural gas and finding clean renewable resources to meet state requirements for lower-emission generation," the operator said. The cost for the work will be more than $5 billion. PJM provides power to 60 million people in 13 states and Washington, D.C.

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