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.

Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

Wind And Solar Helped California Grid During Challenging Summer

According to the California Independent System Operator, the state suffered from heat waves and drought this year, and wind power played a "significant role" in keeping the lights on.


Recapping The Wind Industry's Third-Quarter Deals

Mercom Capital Group recaps investment and merger and acquisition activity during July, August and September.


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.

Canwea_id1984
BG 2015DblBox_id2032
Hybrid Energy Innovations 2015
Renewable NRG_id1934