American Transmission Co. issues 2017 10-Year Transmission System Assessment
Capital expenditure of $2.8 billion to $3.6 billion is lower than recent years
PEWAUKEE, Wis. – American Transmission Co.’s 10-year plan for electric grid improvements calls for a mix of new construction and continued asset maintenance to maintain the company’s top performance in operations.
“Our long-range planning efforts assure the reliability that our customers depend on,” said Ron Snead, vice president of system planning. “The expenditures in this year’s 10-Year Transmission System Assessment are reduced from recent years, reflecting the measures ATC has taken to improve electric reliability.”
Specifically, the plan calls for expenditures of $1.4 billion in asset maintenance, $0.48 billion in regional Multi-Value Projects, between $0.7 billion and $1 billion in network projects and between $0.3 billion and $0.8 billion in other capital expenditures.
Asset renewal has played a key role in operating performance. “We achieved top quartile or better reliability performance in 2016 for our transmission network,” said John McNamara, vice president of asset management. “Maintaining a reliable transmission system in a cost-effective manner is core to our business and supports our customers.”
The full plan is available for viewing at ATC10YearPlan.