PJM OKs $1.4 bln in power transmission upgrades
NEW YORK, Oct 16 (Reuters) - U.S. Mid-Atlantic and Midwest power grid operator PJM on Thursday approved $1.4 billion in electric transmission upgrades needed to keep the power flowing reliably through 2024.
Since 2000, the PJM Board has approved more $14.7 billion in transmission investments in the grid, which serves 51 million people in 13 Mid-Atlantic and Midwest states and the District of Columbia.
The current plan reaffirmed the need for several major transmission line projects the board previously authorized to address power supply problems, including the Trans-Allegheny Interstate Line (TrAIL),the Potomac-Appalachian Transmission Highline, (PATH), the Susquehanna to Roseland line and the Mid Atlantic Power Pathway Project (MAPP).
Allegheny Energy Inc's (AYE.N) 500-kilovolt TrAIL line, which runs from near the Pennsylvania-West Virginia border to northern Virginia, was under construction and scheduled to enter service in 2011.
American Electric Power Co Inc (AEP.N)/Allegheny Energy's 765 kV PATH line will extend about 300 miles from West Virginia to Maryland.
Public Service Enterprise Group Inc (PEG.N)/PPL Corp's (PPL.N) 500 kV Susquehanna-to-Roseland line will run about 130 miles from northern Pennsylvania to northern New Jersey.
Pepco Holdings Inc's (POM.N) 500 kV MAPP line will run from Virginia to the Delmarva Peninsula. (Reporting by Scott DiSavino; Editing by Walter Bagley)
