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ATC 10-Year Plan calls for continued transmission investment
Posted on October 4, 2016 10/4/16
Oct. 4, 2016
From: Jackie Olson
920-338-6574
$3.6 billion to $4.4 billion in new projects, maintenance needed to maintain reliability
PEWAUKEE, Wis. – American Transmission Co. has published its 2016 10-Year Assessment, calling for new construction and maintenance projects totaling $3.6 billion to $4.4 billion through 2025.
“We see a continuing, albeit slower, need to expand the regional electric grid, as well as to efficiently maintain and upgrade older assets,” said Ron Snead, ATC vice president of system planning. “We also anticipate continued challenges in the next 10 years as generation sources change due to the Clean Power Plan.”
The cost includes:
- $1.3 billion in network projects — new lines or rebuilds that address specific reliability needs,
- $0.5 billion in Multi-Value Projects — projects approved by MISO in which the benefits exceed the cost,
- $1.4 billion in asset maintenance – lines and other facilities/equipment in need of repair or improvement based on condition and performance, and
- $0.4 to $1.2 billion in other capital improvements.
More information is available at atc10yearplan.com.
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