PJM Region Set for Stronger T&D as Companies Pledge Buildout

PJM Region Set for Stronger T&D as Companies Pledge Buildout

October 14, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--American Electric Power Company Incorporated (NASDAQ:AEP) (AEP) (Columbus, Ohio), Dominion Energy Incorporated (NYSE:D) (Richmond, Virginia) and FirstEnergy Corporation (NYSE:FE) (Akron, Ohio) have joined hands to propose a series of new transmission and distribution (T&D) projects across the PJM Interconnection. Although not yet specified, this would complement a wide swath of projects under development in the PJM region from the three companies.

Industrial Info is tracking more than $33 billion worth of active and proposed projects in the area from AEP, Dominion and FirstEnergy, with Dominion's nuclear and offshore-wind projects accounting for about 70% of the planned spending. The PJM Interconnection covers all of Delaware, Maryland, New Jersey, Pennsylvania, Virginia and West Virginia, as well as significant portions of Kentucky and Ohio, and small portions of Illinois, Indiana, Michigan, North Carolina and Tennessee.

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