NextEra Energy Transmission and Exelon Celebrate PJM Board's Approval for Major Grid Reliability Enhancement

Major Advances in Grid Reliability

NextEra Energy Transmission, LLC, a branch of NextEra Energy, Inc., and Exelon Corporation are pleased to announce that the PJM Board of Directors has approved their ambitious plan for a 765-kV transmission line, stretching approximately 220 miles. This pivotal project aims to elevate electric reliability and reduce costs for regions, particularly benefiting West Virginia, Pennsylvania, and the broader MidAtlantic area.

The necessity of this project is evident given the rising demands on the electric grid. Addressing reliability issues is becoming increasingly critical as electric supply struggles to keep up with consumption growth. The PJM Board's vote demonstrates a commitment to seeking multifaceted solutions rather than relying on minor upgrades. It is apparent that the challenges we face require comprehensive strategies to ensure a stable and sustainable energy future.

Key Benefits of the Transmission Line

This initiative introduces several essential advantages, including:

1. Increased Capacity: As energy demand grows, this new line will add vital capacity to support the region's power needs.
2. Generational Opportunities: The project will facilitate connections for new energy generation sources to join the grid, thus diversifying energy supply options.
3. Affordable Power Solutions: Families and small businesses will benefit from more affordable electricity rates resulting from increased supply and improved grid functionality.
4. Economic Development: This upgrade is anticipated to attract significant industrial investments, fostering economic growth within the communities it serves.
5. Job Creation: The construction phase of the project promises to generate good-paying jobs, contributing positively to the local economy.

According to Matt Valle, the president of NextEra Energy Transmission, "This transmission line is about ensuring safe, reliable, and affordable power for the region's residents; it’s a significant win both for the community and the economic landscape.”

Carim Khouzami, executive vice president of transmission and development for Exelon, reinforces this sentiment by emphasizing, "With the rapid growth in electricity demand outpacing supply, this investment is vital to meet the needs of families and businesses while maintaining affordability at the forefront of our priorities."

Next Steps in the Project

NextEra Energy Transmission and Exelon are committed to a transparent engagement process with community stakeholders as the project progresses. Open house events are planned later this year to facilitate dialogue and address any concerns among residents and landowners affected by the new line. This proactive communication aims to minimize impacts while highlighting the benefits of this critical undertaking to the region's electrical infrastructure.

About the Organizations

NextEra Energy Transmission, LLC stands as the premier competitive transmission company in North America, boasting over 3,100 miles of operational and developmental transmission lines across 18 states and Canada. The company is at the forefront of modernizing and enhancing the electric grid to match the increasing energy demands across the continent.

Exelon Corporation is a major player in the utility sector, recognized as a Fortune 200 firm, servicing nearly 11 million customers. The company operates six well-regarded utilities and is dedication to delivering reliable, affordable energy while also focusing on workforce development and community support initiatives.

For more updates and information on development, visit NextEra Energy Transmission and follow Exelon on their respective social media platforms.