Core Insights - FirstEnergy Transmission LLC (FET) has been awarded projects by PJM Interconnection to enhance the power grid's reliability and address increasing customer demand in Ohio and Pennsylvania [1] - The company plans to invest approximately $950 million in modernizing equipment, rebuilding older lines, and upgrading substations [1] Investment Details - FET will invest about $950 million, with specific allocations including: - $294 million in Ohio, which includes: - $43 million for replacing breakers and upgrading high-voltage lines [1] - $251 million for constructing a new substation in Clark County [1] - $165 million in Pennsylvania, which includes: - $93 million for upgrading existing 500-kV lines [1] - $72 million for rebuilding a 115-kV line into a double circuit line [1] Project Objectives - The upgrades aim to: - Replace older equipment to ensure smooth and cost-effective system operation [1] - Prepare the grid for future growth, including new homes and businesses [1] - Support local economic growth by improving reliability and reducing outages [1] - Since 2014, FirstEnergy's transmission companies have reduced outages by 50% on high-voltage power lines, demonstrating the effectiveness of strategic infrastructure investments [1] Project Implementation - FirstEnergy is initiating detailed planning for these projects, which includes route studies, community engagement, and environmental reviews [1]