Power Up PJM

The low-cost, clean power that American businesses and homeowners are demanding is ready for deployment, but thousands of renewable energy projects are stuck in grid interconnection queues across the country, facing long delays and rising costs. Nearly all the active projects currently seeking grid connection across America are wind, solar, and battery storage projects that, if developed, could help meet decarbonization targets, create new jobs, and drive significant capital investment.

In a first-of-its-kind analysis, the American Council on Renewable Energy (ACORE) quantified the potential economic benefits of the onshore renewable energy projects awaiting grid connection in PJM, the largest electricity market in the United States. Findings from the report, Power Up PJM, show that if these renewable projects could be brought online at the pace PJM was approving projects in the recent past (from 2011 to 2016), 34 gigawatts of new renewable power could reach commercial operation in the region over the next four years, enabling nearly 200,000 job-years and approximately $33 billion in capital investment.