in News Departments > New & Noteworthy
print the content item

By the action of its Regional State Committee, Southwest Power Pool Inc. (SPP), the organization overseeing regional transmission planning in several states including Kansas, has approved developing a new rate structure for qualifying capital projects that apportions the costs of the projects over a broader geographic area, commonly referred to as a "postage stamp rate."

SPP also approved its "2008-2017 Transmission Expansion Plan" document, which includes two high-voltage transmission projects sponsored by ITC Holdings Corp. subsidiary ITC Great Plains of Topeka, Kan.
 
ITC says both actions by SPP will have a positive impact on ITC's push to improve electric reliability, facilitate renewable resources and support ongoing economic growth in Kansas

"We are pleased that the SPP Regional State Committee has voted to create a progressive cost recovery system that will ensure transmission investment can remain ahead of the curve and meet current and future demands on the transmission grid while spurring regional economic growth," says Carl Huslig, president of ITC Great Plains. 

ITC Great Plains announced last year that it would pursue the approvals needed to build a 180-mile, high-voltage line between Spearville, Kan., and Axtell, Neb., and the Kansas V plan, a 180-mile line in Kansas that would connect Spearville to Wichita.


Trachte Inc._id1770
Latest Top Stories

Yearly Installed Capacity Figures Already Beat 2013 Numbers, More Wind On The Way: AWEA

While the American Wind Energy Association (AWEA) lobbies Congress to extend the production tax credit, the association notes wind projects now under construction signal a vibrant 2015.


Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.


Could Initial Offshore Wind Projects Crash New England's REC Market?

Some are concerned that the first offshore wind projects could negatively impact pricing of renewable energy credits (RECs) in New England.


Catching Up With The DOE's Down-Select Offshore Winners

The three recipients of key U.S. Department of Energy (DOE) funding provide updates on their offshore wind demonstration projects.


Texas Comptroller Attacks Wind Power, And Industry Fights Back

Texas Comptroller Susan Combs recently released a report calling for an end to wind power subsidies. The Wind Coalition has responded, saying the report is riddled with misinformation.

Canwea_id1984
Renewable NRG_id1934