By Rich Heidorn Jr.
PJM proposed a $276 million operating budget for 2014, a $1 million reduction.
Additional news on this topic:
PJM expects to spend $276 million in 2015, a 2% increase over 2014, according to a preliminary budget outlined to members last week.
PJM plans $30 million in capital spending next year, a $2 million reduction from 2013, under a preliminary budget that will be presented to the Board of Managers for approval.
The PJM Board of Managers approved about $417 million in reliability-related transmission projects, more than half of which will go to PSE&G. | PJM