The Wall Street Journal has an article about a proposed replacement of major lines needed to improve electric systems. And guess what? No one is eating anyone’s lunch, AEP and MidAmerican are sharing “lunch” from Laredo to the Valley – ha!
The Electric Reliability Council of Texas (ERCOT) Board of Directors today endorsed and deemed “critical to reliability” a 345-kilovolt (kV) transmission project proposed by Electric Transmission Texas LLC (ETT) from the Laredo area into the Lower Rio Grande Valley. ETT is a joint venture between subsidiaries of American Electric Power AEP +2.08% and MidAmerican Energy Holdings Company.
ETT’s proposed transmission project includes construction of approximately 163 miles of 345-kV transmission lines that will connect ETT’s Lobo Substation near Laredo with substations north of Edinburg. The cost of the project is estimated at approximately $300 million. The ERCOT board recommendation also endorsed the need for AEP Texas to reconductor two existing 345-kv lines and upgrade substation facilities at an additional anticipated cost of $225 million.