(Reuters) – American Electric Power 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, AEP said on Thursday.
AEP said in a statement that it will invest across states within the footprint of regional transmission organization PJM Interconnection, including Indiana, Maryland, Ohio, Virginia, and West Virginia.
Pennsylvania-based PJM coordinates the movement of wholesale electricity in all or parts of 13 U.S. states and the District of Columbia…