Aep, Transource to Invest $1.7 Billion in Power Grid Upgrades to Meet Rising Demand
AEP and its transmission affiliate Transource Energy LLC will invest approximately $1.7 billion in transmission system upgrades to improve reliability and deliver more power to meet growing demand. The investment will be made across states within the PJM Interconnection footprint, including Indiana, Maryland, Ohio, Virginia, and West Virginia. AEP will invest around $600 million of the total amount, with the remaining $1.1 billion being allocated through a joint venture with Dominion Energy.
- This significant investment in power grid upgrades underscores the critical role that infrastructure plays in ensuring energy reliability and security, particularly as demand for electricity continues to rise.
- What strategies will AEP and its partners employ to ensure that these upgraded systems are resilient enough to withstand extreme weather events and other potential disruptions?