NextEra Energy (NEE) and Exelon (EXC) said late Friday that the board of power grid operator PJM approved their proposed 220-mile, 765 kV electricity transmission line in the Mid-Atlantic.
The companies said the project will enhance electric reliability and affordability for West Virginia, Pennsylvania and the Mid-Atlantic region, add capacity to meet rising demand, and enable new energy generation to connect to the grid; financial details were not disclosed.
“This transmission line enables long-term safe, reliable, and affordable power for the region – this is a win for residents and a win for the local economy,” according to Matt Valle, president of NextEra Energy Transmission (NEE).