in News Departments > Projects & Contracts
print the content item

Lucky Corridor LLC says it has been granted authorization from the Federal Energy Regulatory Commission (FERC) to engage in negotiations with anchor customers for up to 70% of the project's 1.1 GW of transmission capacity at negotiated rates.

The authorization is subject to certain conditions, including a requirement to auction the remaining 30% of its capacity in an open-season process, the company says.

The Lucky Corridor project will upgrade 93 miles of electric transmission in northern New Mexico, creating new transmission capacity in an area with several clean energy projects under development. Without this new transmission, the projects cannot be connected to the grid.

The new double-circuit, 230 kV line will create a reliability loop to access New Mexico's wind, solar and natural-gas resources, Lucky Corridor explains, adding that the company will use existing utility corridors in order to minimize the project's environmental impact.



Trachte Inc._id1770
Latest Top Stories

Eagle Take Permits For Wind Farms - Will They Fly?

Now that the U.S. Fish and Wildlife Service has issued the first permit allowing the legal take of eagles, can wind developers expect more certainty in the agency's application process?


Despite 2013 Challenges, U.S. Wind Power Reaches All-Time Low Price

In a new report, the U.S. Department of Energy details the highs and lows of the country's wind industry last year, and the agency maintains that the U.S. sector remains strong.


Mexico On Pace To Set New Renewables Investment Record

A new report says the country has spent $1.3 billion on clean energy in the first half of 2014 and could end up seeing a record year. Furthermore, wind power is slated for significant growth in the region.


IRS Issues More PTC Guidance, Easing Some Wind Industry Concerns

The Internal Revenue Service (IRS) addresses how much work is needed on a wind farm to satisfy production tax credit (PTC) eligibility.


Embryonic No More: U.S. Offshore Wind Industry Gaining Momentum

After a decade of fits and starts, the industry is moving closer to installing the first generation of wind projects off the country's shores.

Canwea_id1984
Renewable NRG_id1934
Tower Conference_id1965