AEP Unit Plans Hefty Outlays for Transmission Projects

SUGAR LAND--August 14, 2013--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Changes in the electric power business and PJM are forcing Appalachian Power Company (Roanoke, Virginia), a unit of American Electric Power Company (NYSE:AEP) (Columbus, Ohio), to invest nearly $600 million in its transmission system in West Virginia. PJM, the regional transmission operator (RTO) for all or part of 13 states in the Mid-Atlantic and Midwest, used to be known as the Pennsylvania-New Jersey-Maryland Interconnection.