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By Ethan Howland Of UtilityDive
The PJM Interconnection’s board last week approved $11.8 billion in baseline transmission projects, with Dominion Energy’s Virginia utility landing roughly $4.8 billion in those projects.
The projects are part of PJM’s 2025 Regional Transmission Expansion Plan Window 1, which is designed to bolster grid reliability that is strained by accelerated load growth in multiple areas across its Mid-Atlantic and Midwest footprint.
The projects are also needed to handle new generation in southern Virginia, future generation in western PJM, delays to New Jersey offshore wind projects and increased regional flows toward the eastern parts of PJM’s footprint, the grid operator said Friday.
PJM will monitor load and generation in its footprint to make sure needed transmission development is progressing in a timely manner, the grid operator said in its board-approved plan.
DataBank’s IAD4 data center under construction in Ashburn, Va
“PJM also clarified that siting, routing and regulatory processes, as well as construction, take a long time, and PJM needs the plan to be ready and advanced for the forecasted conditions proactively rather than bringing needed development late, which introduces impediments to development and reliability risks to stakeholders,” the grid operator said.
Meanwhile, transmission costs are making up a growing share of the price of wholesale electricity in PJM.
In 2024, transmission contributed $17.71/MWh to the cost of wholesale power in PJM, up 23%, or 5.8% a year, from $14.40/MWh in 2022, according to reports from Monitoring Analytics, PJM’s market monitor.
Transmission costs totaled $13.9 billion, or 32% of total wholesale costs of $43.6 billion, in 2024, the last full year of Monitoring Analytics’ reporting. Energy costs made up nearly 59% of the cost of wholesale power that year and capacity accounted for 6.6% of the total.
As part of PJM’s transmission expansion plan, Dominion Energy Virginia intends to build a $2.3-billion, 525-kV underground “backbone” transmission line in Virginia. The project, set to be online by June 2032, also calls for building two high-voltage direct current converter stations at each end of the 185-mile line for about $1.5 billion.
The project is designed to deliver 3,000 MW into Loudoun County in northern Virginia, the area with the most data center capacity in the world.
Like other multi-zone projects in the RTEP, the costs of the project will be shared across PJM’s footprint.
The just-approved plan also includes a $1.7-billion transmission line across central Pennsylvania proposed by NextEra Energy Transmission and Exelon. The project was opposed by Pennsylvania’s Office of Consumer Advocate, which argued that there were less expensive alternatives to the project.
The project addresses system-wide, structural reliability needs in PJM’s northeastern region that cannot be met with incremental upgrades or “terminal-only” solutions, NextEra and Exelon said in a Jan. 29 letter to PJM’s board.
“PJM’s own analyses and the convergence of independent developer proposals, demonstrates that new high-voltage backbone infrastructure is required to maintain reliable service under plausible future conditions,” the companies said. The project is slated to be operating by June 2031.
The transmission plan includes a $1.1 billion project in central Ohio proposed by Grid Growth Ventures, a joint venture between Transource Energy — a partnership between American Electric Power and Evergy — and FirstEnergy Transmission. The project includes 300 miles of 765-kV lines.
Under the plan, PPL Electric will build transmission projects totaling about $580 million, while Exelon subsidiaries Commonwealth Edison and Potomac Electric Power Co. will build projects totaling about $276 million and $292 million, respectively.
PJM’s RTEPs for 2024 and 2023 included $5.9 billion and $6.6 billion in baseline projects.
Tyler Durden
Thu, 02/19/2026 - 09:50

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Aly Ngouille Ndiaye has voiced support for the Senegalese government's position against the criminalization of 'unnatural acts'.

Kinetik Holdings Gains Amid Interest from Western Midstream Partners
Kinetik Holdings (KNTK) experienced stock gains following reports of interest from Western Midstream Partners.
Zacks Earnings Preview Highlights Amazon, Alphabet, Microsoft, and Nvidia
Zacks Earnings Preview features upcoming financial reports from major tech companies including Amazon, Alphabet, Microsoft, and Nvidia.

National boys basketball rankings: USA TODAY Sports Super 25, Week 7
The top teams in the Super 25 are separating themselves as the best in the nation; a Redondo Union (CA) loss opened a spot for North Crowley (TX).

Slovak Foreign Ministry: 20th Sanctions Package Against Russia Not Fully Agreed Upon
The Slovak Foreign Ministry reports that the 20th package of sanctions against Russia has not been fully agreed upon, citing unresolved issues including dissatisfaction with the ban on servicing ships suspected of being linked to the 'shadow fleet'.

FinanceFTchannel-news-asia45m ago2 sources World Liberty Stablecoin Attacked, Trump-Backed Crypto Group Reports
World Liberty, a Trump-backed crypto group, reported that its stablecoin was attacked by hackers who accessed founders' social media accounts in an attempt to manipulate the token's price.
Prince Andrew Accused of Sharing Treasury Document with Banking Contact
Reports suggest that Prince Andrew, while serving as a trade envoy, shared a confidential Treasury document with a banking contact.

PoliticsAl JazeeraFox News47m ago2 sources GOP lawmaker joins Democrat-led effort to limit Trump's pardon power
GOP Rep. Don Bacon supports a Democrat-led constitutional amendment to create congressional oversight of presidential pardons following President Trump’s recent NFL pardons.
Corruption watchdog reports increase in global graft
Transparency International's Corruption Perception Index reveals an increase in global graft, with countries like the US, UK, Canada, and Sweden showing decline due to a lack of political leadership.

German Olympic Committee Expresses Dissatisfaction with Performance, Calls for Reforms
The German Olympic Sports Confederation (DOSB) is unhappy with Germany's Olympic performance and is seeking 'real reforms' to improve results, as increased funding is unlikely.
Duolingo Reports Surge in Spanish Learners After Bad Bunny's Super Bowl Performance
The language learning app Duolingo announced a 35% increase in Spanish learners following Bad Bunny's Super Bowl halftime show, highlighting Spanish as the world's second most popular language.
Fox News AI Newsletter: Trump Activates 'Tech Force'
The Fox News AI Newsletter reports on the latest advancements in artificial intelligence, including former President Trump's activation of a 'tech force' to address the challenges and opportunities presented by AI.
Aurora Innovation Reports Q4 Loss
Aurora Innovation (AUR) has reported a loss for its fourth quarter.
Concerns Raised Over AI Surgical Tools Causing Patient Injuries
Reports indicate that AI-assisted medical devices, despite over 1,300 having FDA approval, might be causing injuries to patients, raising concerns about their safety and implementation.

Citi to Sell Another Stake in Mexico's Banamex Ahead of IPO
Citi is reportedly selling an additional stake in its Mexican unit, Banamex, with General Atlantic and Blackstone's funds among the potential buyers, as the New York bank moves closer to exiting the business.
WorldColombia Reports52m ago Illegal Armed Groups in Colombia Expand to 27,000 Members
A conflict monitoring NGO reports that illegal armed groups in Colombia significantly expanded last year, now boasting over 27,000 members, according to military intelligence statistics.

US Military Withdrawal from Syria Progresses
The US Army has withdrawn from another base in Syria, with reports indicating a complete withdrawal is underway and no military presence expected by March.

US Statistics Chief Denies Political Manipulation of Jobs and CPI Reports
The temporary chief of the U.S. agency responsible for economic reports on jobs, unemployment, and inflation asserted that the data is not being manipulated or influenced by politicians.

How tanking became the biggest conundrum in sports
The Jazz are among a handful of teams in the midst of tanking seasons.

PGA Awards Postpones Tonight’s Children’s & Sports NYC Ceremony Amid Blizzard
Here’s the latest casualty of the bomb cyclone gripping the Northeast this week. The Producers Guild of America has postponed tonight’s PGA Awards ceremony in New York that was to honor the winners in its Children’s and Sports categories. Instead, those winners will be revealed Thursday along with the recipients of the Short Form and […]

Politicsaftonbladetzerohedge1h ago2 sources Iran Strike Debate Erupts: Joint Chiefs Chair Allegedly Resists, Trump Fires Back
Iran Strike Debate Erupts: Joint Chiefs Chair Allegedly Resists, Trump Fires Back
Military generals tend to be much more realistic about the potential negative consequences of going to war, as well as difficulties and challenges, over and against the often more hawkish policy-makers.
Currently, Pentagon generals appear to be belatedly speaking up, as Washington beats the drums of war on Iran. The Walls Street Journal reports Monday, "The Pentagon is raising concerns to President...
Whitecap Resources Reports Q4 Earnings, Beats EPS and Revenue Estimates
Whitecap Resources announced its fourth-quarter financial results, reporting a GAAP EPS of $0.25 and revenue of $1.66 billion, both surpassing analyst estimates.
Ambac Financial Group Reports Q4 Earnings, Beats EPS and Revenue Estimates
Ambac Financial Group announced its latest financial results, reporting a Non-GAAP EPS of -$0.02, beating estimates by $0.18, and revenue from continuing operations of $66.9 million.
BWX Technologies Reports Q4 Earnings, Beats EPS and Revenue Estimates
BWX Technologies announced its latest financial results, with Non-GAAP EPS of $1.08, surpassing estimates by $0.20, and revenue of $885.8 million, beating by $48.33 million.
ADEIA Reports Strong Q4 Earnings, Beating EPS and Revenue Estimates
ADEIA announced its fourth-quarter financial results, with Non-GAAP EPS of $0.86, beating estimates by $0.11, and revenue of $182.6 million, surpassing estimates by $14.15 million.
Claritev Reports Q4 Earnings, Missing EPS but Beating Revenue Estimates
Claritev announced its fourth-quarter financial results, with GAAP EPS of -$4.88, missing estimates by $1.03, but revenue of $246.6 million, beating estimates by $5.36 million.
Summit Therapeutics Reports Q4 Earnings, Missing EPS Estimates
Summit Therapeutics announced its fourth-quarter financial results, with Non-GAAP EPS of -$0.14, missing estimates by $0.12.
UFP Industries Reports QX Earnings, Misses EPS and Revenue Estimates
UFP Industries released its latest financial results, reporting a GAAP EPS of $0.70, missing estimates by $0.36, and revenue of $1.33 billion, missing by $70 million.

Worlddigi24observador2h ago2 sources 606 Migrants Dead in Mediterranean Since January, IOM Warns
The International Organization for Migration (IOM) reports that 606 migrants have died in the Mediterranean since January, with the first two months of the year surpassing previous records, including a shipwreck off Crete that killed at least 30.

China Offers Zero Tariffs on Imports from 53 African Nations
China has announced that it will apply zero tariffs on imports from 53 African countries starting May 1, a move seen as a significant development in trade relations.
No US Hospital Ship Ordered to Greenland Despite Trump's Post
Reports indicate that no U.S. hospital ship has been ordered to Greenland, despite a post made by former President Trump suggesting otherwise.
Tudor says Tottenham can still beat the drop despite Arsenal loss - World - Sports - Ahram Online
Tudor says Tottenham can still beat the drop despite Arsenal loss - World - Sports Ahram Online
Bed Bath & Beyond Reports Q4 Earnings, Beats EPS and Revenue Estimates
Bed Bath & Beyond announced its fourth-quarter financial results, with GAAP EPS of -$0.30, beating estimates by $0.29, and revenue of $273M, surpassing estimates by $9.29M.

PoliticsNYTFTThe Guardian+23nrktimes-ukcnbchelsingin-sanomatnosaftonbladetberlingskele-figarosvenska-dagbladetFrance 24el-mundoThe Independentil-sole-24-oredagbladetiefimeridairish-independentjerusalem-postklix-banaftemporikirte-news20-minutenthe-journalvanguard-ng3h ago26 sources Peter Mandelson arrested on suspicion of misconduct in public office
Move comes after details of peer’s relationship with Jeffrey Epstein revealed in US justice department documents

Speculation on US Companies Taking Over Key Projects in BiH
Following a statement by HDZ BiH leader Dragan Čović, there is public speculation about major American companies showing interest in key infrastructure projects in Bosnia and Herzegovina, including the Southern Interconnection, airports, and Corridor Vc.

WorldNYTcnbcFrance 24+2observadorTimes of India3h ago5 sources Mexico burns as Cartel Boss 'El Mencho' killed by military
Operation and violence that followed left at least 62 dead

Parliament to Probe SHS Sports Violence in Ghana
Former Deputy Minister for Education, John Ntim Fordjour, has called for a parliamentary inquiry into recent violence at a campus sports event in Ghana, demanding strict sanctions for those responsible.

Sperm Whales Die After Stranding Off Danish Coast
Several sperm whales that had washed ashore on shoals near Denmark's Fanø island in recent days have died, according to regional media reports.

Technologydigi24Yahoondtv+1seeking-alpha4h ago4 sources US Defense Secretary Summons Anthropic CEO Over Military Use of Claude AI
The US Defense Secretary has reportedly summoned the CEO of Anthropic for discussions regarding the military applications of their AI model, Claude, according to Axios.

Ghana Interior Minister Donates Food to Prison Inmates for Ramadan
Ghana's Minister for the Interior, Muntaka Mohammed-Mubarak, has donated assorted food items to the Ghana Prisons Service to support inmates during Ramadan.

Superzvijezda odgovorila na pitanje promišlja li prije izjava. Video skupio 4 milijuna pregleda
Eileen Gu (22) se tijekom ovogodišnjih Zimskih olimpijskih igara profilirala u novu sportsku superzvijezdu. Posljednjeg dana ZOI-a obranila je svoj olimpijski naslov u slobodnom skijanju u disciplini

Ghana Sports Minister Orders Revocation of NSA Appointments
Ghana's Minister for Sports and Recreation has instructed the Director General of the National Sports Authority to revoke 17 staff appointments due to a breach of due process.

Rumors of Simeone-Inter Agreement Circulate in Spain
Reports from Spain suggest that Diego Simeone has reached an agreement with Inter Milan, potentially signaling his departure from the Spanish capital.

Juventus Reports First-Half Loss of 2.5 Million Euros
Italian football club Juventus has reported a first-half loss of 2.5 million euros.

Ukrainian Army Reports 40 Clashes in Donetsk Region
The Ukrainian army reported 40 clashes since morning, with the Pokrovsk area in the Donetsk region remaining a primary target, where 13 Russian attacks were repelled.

Worldsvenska-dagbladet5h ago 600 Migrants Dead or Missing in Mediterranean This Year
The UN migration agency IOM reports that at least 606 people have died or gone missing while attempting to cross the Mediterranean Sea so far this year.

Death of World-Famous Figure Known for Iconic Image
A Danish article reports on the death of a world-famous individual, known for an iconic image featuring a bare torso and towel, highlighting the impact of their last words.
Tunisia's Mobile Payments Surge by 81%
The Central Bank of Tunisia reported an 81% increase in mobile payments, indicating the country's accelerated digital transformation.
GeneDx Reports Strong Q4 Earnings and Reaffirms 2026 Revenue Guidance
GeneDx saw its stock rise following a strong performance in the fourth quarter, exceeding expectations. The company also reiterated its revenue guidance for 2026, signaling confidence in its future financial outlook.

Investigations Launched After Nazi Salutes and Racist Insults at Lyon March
Two investigations have been opened by the Lyon prosecutor's office for 'public incitement to hatred or violence based on origin, ethnicity, nation, race, or religion' following reports of Nazi salutes and racist insults at a march for Quentin.

Moldovan News Highlights Plahotniuc Trial, Krasnoselsky's Funds, and Export Focus
Key Moldovan news includes Vlad Plahotniuc appearing in court as the 'boss of all bosses', Krasnoselsky allocating convergence funds for wastewater treatment, and the government's focus on exports.

UK arrests ex-ambassador Mandelson amid Epstein reports
Former British ambassador to Washington Peter Mandelson was arrested in London on suspicion of misconduct in public office after new disclosures surfaced about his relationship wit...

Barcelona Reaches Verbal Agreement with Sylvainas Francisco
Media reports indicate that Barcelona has a verbal agreement with Žalgiris star Sylvainas Francisco, who is expected to join the Barcelona team.

Montenegro's Arms Trade: Exports to Congo, Imports from Israel
Documents from the Montenegrin Customs Administration reveal that between January 2023 and December 2025, Montenegro exported automatic rifles to Congo and imported ammunition from Israel, among other arms trade activities.

Norwegian Parliament Debates Hosting Olympics
A broad majority in the Norwegian Parliament supports exploring Norway as an Olympic host, though some parties remain unenthusiastic.

Spain Increases Arms Sales to Morocco by 40% in 2025
Spain's arms exports to Morocco surged by 40.4% in 2025, reaching €29.6 million, according to data from the Spanish Ministry of Economy and Trade.
Gasoline Refining Margins Fall
Reports indicate a decline in gasoline refining margins, suggesting reduced profitability in the production of gasoline.

Iran Warns of Retaliation Against US Attack
Iran has warned of retaliation even against a 'limited' US attack, amid reports of US military buildup in the Middle East.

Slovenian Freedom Movement Party Reports Cyberattack on Social Media Profiles
Slovenia's Freedom Movement party reported a cyberattack where their social media profiles received thousands of artificially created followers from non-existent accounts within an hour.
PayPal attracts takeover interest after stock slide, Bloomberg News reports - Reuters
PayPal attracts takeover interest after stock slide, Bloomberg News reports Reuters

Analysts: Media neglects hunger crises
Not enough media or political attention is given to grave hunger crises in the Global South, according to analysts. Reports also say far more is spent on weapons than food relief.

Disinformation Campaign Links French Cattle Disease to Ukraine
A disinformation campaign is attempting to falsely link a cattle skin disease outbreak in France to Ukraine, using the country's reputation for grain exports to spread false narratives.

Billboard Sports & Music Power Players Answer: Who Is Your Favorite Music Artist of All Time?
This year's honorees tell Billboard which musical acts they can't do without.

Lilija Venciūtė-Šeštokė Crowned Strongest Woman in Lithuania
Lilija Venciūtė-Šeštokė, a nail technician from Panevėžys, has been named the strongest woman in Lithuania, finding adrenaline and challenge in strongwoman sports.

Serbian Professor Calls for Ban on GMO Food Imports
Professor Miladin Ševarlić from the Faculty of Agriculture in Belgrade has urged an urgent ban on imports of meat, milk, eggs, and their derivatives unless importers provide certificates confirming no genetically modified organisms (GMO) were used.

Greek Government Accused of Secretly Privatizing Sports Center
A workers' union has accused the Greek government of secretly initiating the privatization of a sports center overnight, turning it into an anonymous company.

SportThe Independent8h ago Pakistan Players Potentially Excluded from The Hundred Amid India Tensions
Reports indicate that India-owned franchises may not select Pakistan players for The Hundred cricket tournament, reflecting rising tensions between the two nations.

Montenegro's Ministry of Sports and Youth and ASK Strengthen Anti-Corruption Efforts
Montenegro's Ministry of Sports and Youth and the Agency for Prevention of Corruption (ASK) will intensify cooperation to create a safe, transparent, and responsible sports system.

Businesswsjmorocco-world-news8h ago2 sources Global Alarm as Trump’s 15% Tariffs Trigger Market Volatility, European Criticism
Agadir – International reactions have intensified following the decision of US President Donald Trump to impose a new 15% global tariff on all imports, a move his administration announced after the Su

Michael Penix Jr.'s Future with Falcons Uncertain Until New League Year
Despite ongoing reports and speculation, Michael Penix Jr.'s standing with the Falcons will not be clear until after the new league year begins.