PJM board approves $11.8B transmission expansion plan. A quote from the article:
"Transmission costs totaled $13.9 billion, or 32% of total wholesale costs of $43.6 billion, in 2024..."
via @UtilityDive
PJM board approves $11.8B transmission expansion plan. A quote from the article
Meredith Angwin
Verified Source
2026-02-18
2 min read
Source
**Key Insight:** The PJM board has approved a $11.8 billion transmission expansion plan, which will increase the cost of electricity by 32% in 2024.
GasGx Editorial Insight
**Key Insight:** The PJM board has approved a $11.8 billion transmission expansion plan, which will increase the cost of electricity by 32% in 2024.
[Body Paragraph 1: Analysis of the market/tech situation]
The proposed transmission expansion plan is significant for several reasons. Firstly, it will increase the cost of electricity by 32%, which could have implications for businesses and consumers. Additionally, the plan highlights the need for more efficient energy use and the importance of investing in renewable energy sources.
[Body Paragraph 2: The specific operational implication]
For gas plant operators, this news means that they will need to invest in more efficient energy use and consider alternative sources of power if they want to remain competitive in the market. This could also lead to increased costs for gas plant operators, as they may need to purchase more expensive energy from other sources or invest in new technologies to reduce their carbon footprint.
[GasGx Take:] To address these challenges, GasGx offers a range of solutions. Our "GasGx LCOE Calculator" can help gas plant operators forecast their future costs accurately, allowing them to make informed decisions about investment and maintenance. Additionally, our "GasGx Smart Monitoring System" can provide real-time data on equipment performance, helping operators to optimize their operations and reduce downtime.
[Recommended SEO Tags:] "Transmission expansion", "Energy efficiency", "Gas plant operators", "Cost optimization", "Renewable energy"
[Body Paragraph 1: Analysis of the market/tech situation]
The proposed transmission expansion plan is significant for several reasons. Firstly, it will increase the cost of electricity by 32%, which could have implications for businesses and consumers. Additionally, the plan highlights the need for more efficient energy use and the importance of investing in renewable energy sources.
[Body Paragraph 2: The specific operational implication]
For gas plant operators, this news means that they will need to invest in more efficient energy use and consider alternative sources of power if they want to remain competitive in the market. This could also lead to increased costs for gas plant operators, as they may need to purchase more expensive energy from other sources or invest in new technologies to reduce their carbon footprint.
[GasGx Take:] To address these challenges, GasGx offers a range of solutions. Our "GasGx LCOE Calculator" can help gas plant operators forecast their future costs accurately, allowing them to make informed decisions about investment and maintenance. Additionally, our "GasGx Smart Monitoring System" can provide real-time data on equipment performance, helping operators to optimize their operations and reduce downtime.
[Recommended SEO Tags:] "Transmission expansion", "Energy efficiency", "Gas plant operators", "Cost optimization", "Renewable energy"
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