Atlantic City Electric’s Powering the Future program
Atlantic City Electric receives approval for a $93.1 M Powering the Future project.
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USA, South Jersey: Atlantic City Electric receives approval for a $93.1 M Powering the Future project.
Atlantic City Electric has been approved for a $93.1 M project called Powering the Future. The project will modernize and enhance the local energy grid in South Jersey over the next four years.
The project includes 22 specific projects that are important for expanding the local energy grid’s capacity to support the connection of more solar and clean energy technologies. This will improve system reliability and utilize smarter technologies to strengthen the grid against severe storms.
Powering the Future is a continuation of Atlantic City Electric’s efforts to modernize the local energy grid, improve service reliability for numerous customers, and support the growth of distributed energy resources like solar power.
The project encompasses four main categories: solar/distributed energy resource (DER) enablement, targeted reliability improvements, smart technology upgrades to reduce the frequency and duration of power outages, and substation improvements: to ensure improved reliability and resilience against extreme weather events.
Through Powering the Future and previous investments, Atlantic City Electric has made significant strides in making the local energy grid smarter, stronger, and cleaner.
The project will begin in July 2023 and will be funded by gradual rate adjustments over a four-year period.
Source: T&D World
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