Infrastructure Investment Study

Infrastructure Investment Study

International non-profit trade association WIRES recently completed and released results of a study that measured the lifecycle benefits of transmission investment. A report of the study entitled “How Does Transmission Benefit You? – Identifying and Measuring the Life-Cycle Benefits of Infrastructure Investment” along with a 2- page overview are available for review. Results are intended to help developers, planners, regulators, and energy companies identify where the best return will be realized on grid investments. Benefits covered include local economic impact, business growth, reliability and consumer costs.

Learn more about WIRES and the organization’s mission at www.wiresgroup.com.

renewable
Renewable and Reliable

Renewable and Reliable

In an article published last month on Platts.com, the reliability of variable renewable resources is covered in some detail indicating that renewables are no less reliable than other generation. John Moura, director of reliability assessment and system analysis at the North American Electric Reliability Corp. is quoted in the story and ensures that proper planning and integration is the key but that variable renewable resources can be relied upon. The story goes on to cover how the renewable movement could spur growth in transmission construction and how energy storage changes the demand and supply game. Read more online.

renewable
WHAT WILL MODERN TRANSMISSION LOOK LIKE?

WHAT WILL MODERN TRANSMISSION LOOK LIKE?

Though transmission congestion decreased and capacity increased in the last few years because of large expansions, such as those set forth by ERCOT, the grid remains in need of updates. Improved technology becomes more and more necessary and capacity expands.

The question hanging in the balance is what happens next? Less transmission development is planned, aging lines will be retired, and capacity is being pushed. What is the consumer cost then? And where is the incentive for utilities to adopt technologies and to upgrade?

An article published March 26 at utilitydive.com covers this topic in detail and hits on what FERC can do to prompt modernization.

modern transmission
Competition for Transmission Construction

Competition for Transmission Construction

A recent story published at thehill.com highlights growing demand for electric transmission projects and The Federal Energy Regulatory Commission’s (FERC) recent adoption of Order 1000. The order will inject competition (for the first time in some instances) to the process of building much needed electric transmission capacity. The changes are fueled by the knowledge that building new capacity is the fastest growing cost on ratepayers’ electricity bills. FERC sees competition as a means to construct the much-needed transmission projects cost-effectively; a point of view that has been shaped by experience. The story features the CREZ project in Texas as a prime success story. Take a look at the complete story for more insight.

competition
NextEra Energy Acquires Plains and Eastern Clean Line Oklahoma, LLC

NextEra Energy Acquires Plains and Eastern Clean Line Oklahoma, LLC

NextEra Energy acquired the Oklahoma assets of Eastern Clean Line Oklahoma, LLC. Bringing a new player to the deal will help transfer wind-generated power.

The Oklahoma project section includes 420 miles of a total of 720 miles that spans across Oklahoma, Texas, and Arkansas to an area just north of Memphis, Tennessee.

Visit NewsOK for more information on this project.

NextEra Energy
Tax Cuts and Jobs Act Passed in Congress Benefit Electric Utilities

Tax Cuts and Jobs Act Passed in Congress Benefit Electric Utilities

The president of Edison Electric Institute (EEI), Tom Kuhn, the Tax Cuts and Jobs Act “is a win for America’s electricity customers and for investment in critical energy infrastructure.”

“This legislation will grow our economy and encourage much-needed investment in our nation’s infrastructure,” Kuhn said.

According to an article in the Daily Energy Insider, EEI is pleased with the changes in the final conference agreement, which had included provisions the group says are important to its member companies and its customers. One such item is the decreased corporate tax rate. The tax bill would allow companies deduct 100 percent of capital project costs from taxes year one, rather than smaller amounts over time, therefore freeing up investment funds.

Learn more by reading the complete article at  Daily Energy Insider.

Jobs Act