AEP, MidAmerican Transmission Joint Venture Sponsors Study of Transmission Options to Transport Renewable Energy Across Upper Mi
August 18 2009 - 11:58AM
PR Newswire (US)
COLUMBUS, Ohio, Aug. 18 /PRNewswire-FirstCall/ -- Electric
Transmission America (ETA), a transmission joint venture of
American Electric Power (NYSE: AEP) and MidAmerican Energy Holdings
Company, has joined with American Transmission Company, Exelon
Corporation (NYSE:EXC), NorthWestern Energy (NYSE:NWE) and
MidAmerican Energy Company, a subsidiary of MidAmerican Energy
Holdings Company, to sponsor a comprehensive study of the
transmission needed in the Upper Midwest to support renewable
energy development and to transport that energy to consumers in
markets to the east. The sponsors have retained Quanta Technology
LLC to evaluate extra-high voltage transmission alternatives and
provide recommendations for new transmission development in the
Upper Midwest, including North Dakota, South Dakota, Iowa, Indiana,
Ohio, Illinois, Minnesota and Wisconsin. Quanta will conduct an
analysis of transmission alternatives analyzing the impact and
quantifying the economic benefits of several transmission options.
The Strategic Midwest Area Transmission Study (SMARTransmission
Study) is scheduled for completion in January 2010. Results will be
shared with the Midwest Independent Transmission System Operator
and PJM Interconnection. "A critical component of our nation's
approach to addressing climate change is the ability to harvest our
most viable renewable generation resources. North Dakota, South
Dakota, Minnesota and Iowa have some of the richest renewable
generation resources in the United States, and the clean energy
potential in this region cannot be developed unless we build very
efficient, high-capacity transmission to bring this energy east to
population and electricity load centers," said Lisa Barton, ETA
president. "The study sponsors collectively believe that an
extra-high voltage transmission network in the Upper Midwest will
provide significant economic, environmental and reliability
benefits by ensuring access to new generation sources and
strengthening the transmission system in the heart of the nation.
This study will quantify those benefits and suggest the best
transmission options for accessing the generation resources native
to this region," Barton said. "The SMARTransmission Study is a
major step in a process AEP began in December 2008 to develop
extra-high voltage transmission in the region," said Susan Tomasky,
president - AEP Transmission. "Sponsoring a comprehensive
transmission study that includes many of the utilities who could
potentially be involved in transmission investments for this part
of the country is an important step forward in ETA's efforts to
build the transmission that is critical to serve the future energy
needs of our nation." ETA is a joint venture between subsidiaries
of American Electric Power and MidAmerican Energy Holdings Company
to build and own electric transmission assets. The joint venture is
a 50-50 partnership organized to identify and invest in
high-voltage transmission projects (345 kV or higher) located in
North America outside of the Electric Reliability Council of Texas
(ERCOT). The two companies also have an existing joint venture
agreement to build transmission in ERCOT. ETA's current joint
venture projects include Prairie Wind Transmission in Kansas and
Tallgrass Transmission in Oklahoma. AEP, headquartered in Columbus,
Ohio, is one of the largest electric utilities in the United
States, delivering electricity to more than 5 million customers in
11 states. MidAmerican Energy Holdings Company, based in Des
Moines, Iowa, is a global provider of energy services to more than
6.9 million customers worldwide. DATASOURCE: American Electric
Power CONTACT: Melissa McHenry, Senior Manager, Corporate Media
Relations and Policy Communications, of American Electric Power,
+1-614-716-1120, ; or Ann Thelen, Director, Communications and
Media Relations of MidAmerican Energy Holdings Company,
+1-515-281-2785, Web Site: http://www.aep.com/
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