PJM Greenlights $4.6B In Mid-Atlantic Power Grid Upgrades

Law360, New York (December 13, 2013, 2:07 PM EST) -- The board of PJM Interconnection LLC Wednesday approved $4.6 billion in additions and upgrades to the Mid-Atlantic power grid, much of which will fund projects to help replace more than 20,000 megawatts of retiring generation, the company said Friday.

The regional transmission organizer said Friday that the decision to greenlight the additions and upgrades was part of an ongoing, annual process in which PJM and its member companies determine which plants need upgrades or reconstruction, which plants are on the way out, and where replacement plants...
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