by Tom Johnson / NJ Spotlight
The regional operator of the nation’s largest power grid yesterday approved a $1.2 billion transmission project by Public Service Electric & Gas, the latest in a series of upgrades to its system sought by the state’s largest utility.
The project is one of many approved by PJM Interconnection that will require a $4.6 billion investment by utilities serving more than 61 million customers in 13 states. It continues a trend to upgrade the system used to deliver electricity from power plants to customers, a development that has led to $28.9 billion being invested in the power grid since 2000.
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