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PCCA Journal|2

nd

Quarter 2015

29

improves reliability and benefits custom-

ers by enabling utilities to deploy new

technologies, such as advanced monitor-

ing systems, that help to make the grid

more flexible and more resilient,” said

EEI Vice President of Energy Delivery

Jim Fama. “These investments also

relieve transmission congestion, facilitate

wholesale market competition, and sup-

port a diverse and changing generation

portfolio that includes more renew-

able resources, such as wind and solar

power.”

The report highlights a cross-section

of more than 170 major transmission

projects that EEI member companies

completed in 2014 or have planned

over the next 10 years. These featured

projects, which represent only a portion

of the total transmission investment that

EEI’s members anticipate through 2025,

total approximately $47.9 billion.

The report further shows that of the

transmission projects featured and the

investments planned, $19.2 billion (40

percent) is for large, interstate transmis-

sion projects spanning multiple states;

$22.1 billion (46 percent) is for projects

that support the integration of renewable

resources; $17.4 billion (36 percent) is

for projects where EEI member compa-

nies are collaborating with other utilities,

including non-EEI members, to develop

the project; and $31.5 billion (66 per-

cent) is for high-voltage projects of 345

kilovolts and above. Because transmis-

sion projects are developed to address an

array of needs and deliver a number of

benefits, one project may fall into more

than one category.

“Developing transmission has risks

and challenges. In order to continue to

attract the levels of capital needed to de-

velop transmission projects and to con-

tinue to deploy advanced technologies,

it is critically important that the Federal

Energy Regulatory Commission continue

to provide returns on investment that are

commensurate with the level of risk,”

Fama said.

EEI is the association that represents

all U.S. investor-owned electric compa-

nies. Its members provide electricity for

220 million Americans, operate in all

50 states and the District of Columbia,

and directly employ more than 500,000

workers.

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