in News Departments > New & Noteworthy
print the content item

The Federal Energy Regulatory Commission (FERC) has approved a rate for ITC Great Plains transmission facilities in Kansas and elsewhere in the Southwest Power Pool Inc. (SPP) region. FERC acknowledged the benefits of independent transmission companies like ITC Great Plains and approved rate incentives to help expedite investment in Kansas' high-voltage electricity grid.

"Approval of this rate construct for ITC Great Plains moves us a big step closer to being able to make important investments in the SPP region, including critical investments in Kansas' transmission infrastructure," says Ed Rahill, senior vice president and chief financial officer for ITC Holdings Corp.

The federal order approves certain incentives for ITC Great Plains' two principal Kansas projects, the V-Plan and the KETA Project, as well as a base rate for other transmission assets owned or built by ITC Great Plains in SPP. ITC Great Plains has filed a siting application with the Kansas Corporation Commission for an 89-mile portion of the KETA project between Spearville and Hays, Kan.

SOURCE: ITC Holdings Corp.



Trachte Inc._id1770
Latest Top Stories

Suzlon Facility Lends Key Assist In Developing 'The Wind Technicians Of Tomorrow'

The turbine manufacturer’s Elgin, Ill.-based training facility is the culmination of a program that puts a new twist on a proven method of instruction.


Having Their Say: CanWEA Clarifies True Source Of Canadian Wind Success

The Canadian Wind Energy Association (CanWEA) takes issue with a recent report summary regarding various renewable energy policies in North America.


FWS Issues Landmark Eagle Take Permit: What Does It Mean For Wind Projects?

The U.S. Fish and Wildlife Service's (FWS) recent decision has far-ranging implications for operating wind farms, as well as for those under development.


'Significant' Opportunity Exists Within Wind Energy's O&M Services Market

An increasing number of wind turbines are nearing the end of their warranty period, creating significant revenue-generating opportunities within the wind turbine operations and maintenance (O&M) sector.


Cape Wind Obtains DOE Loan Guarantee To Support Offshore Wind Project Construction

The proposed 468 MW offshore wind farm located off the coast of Nantucket Sound received a key assist that should help in financing the U.S.’ first utility-scale wind farm.

Renewable NRG_id1934