05:32 PM EDT, 10/07/2024 (MT Newswires) -- FirstEnergy Corp. ( FE ) , Dominion Energy Virginia, and American Electric Power jointly plan to propose several new regional electric transmission projects across multiple states within the PJM footprint, according to a joint statement Monday.
PJM is the regional transmission organization that coordinates the transportation of wholesale electricity across a 13-state region, including Virginia.
The projects are intended to address the PJM region's growing power demand and will "leverage" expertise to propose comprehensive, cost-effective solutions that promote regional grid reliability.
"Power demand in the PJM region is growing at an unprecedented pace due to rapid expansion of energy-intensive industries such as data centers, the electrification of transportation and heating, and increased manufacturing onshoring," the companies said in the statement.