Clean Line Energy Signs Agreement With East Texas Cooperatives

Posted by NAW Staff on May 07, 2015 No Comments
Categories : Projects & Contracts

14200_clean-line-energy Clean Line Energy Signs Agreement With East Texas Cooperatives Clean Line Energy announced an agreement with the East Texas Cooperatives that provides the latter with an option to own up to 50 MW of capacity on the Plains & Eastern Clean Line and a portion of the project's assets.

The Plains & Eastern Clean Line will deliver more than 3.5 GW of low-cost wind power from the Oklahoma Panhandle region to utilities and customers in Arkansas, Tennessee and other markets in the Mid-South and Southeast.

The East Texas Cooperatives include four Generation and Transmission cooperatives throughout East Texas – East Texas Electric Cooperative, Northeast Texas Electric Cooperative, Sam Rayburn Generation and Transmission Cooperative, and Tex-La Electric Cooperative of Texas – and collectively serve 10 not-for-profit distribution cooperatives, serving approximately 330,000 member-owners.

According to Clean Line, the East Texas Cooperatives have made it possible for thousands of residents and businesses in their service territories to take advantage of the lowest-cost, reliable energy available.

Clean Line has submitted an application with the Southwestern Power Administration and the U.S. Department of Energy regarding their potential participation in the Plains & Eastern Clean Line project pursuant to Section 1222 of the Energy Policy Act of 2005. Section 1222 is intended to foster private sector/public sector cooperation to upgrade or build new transmission projects.

Construction of the Plains & Eastern Clean Line is estimated to begin in 2016 and will require about three years to complete. The Plains & Eastern Clean Line is expected to begin delivering electricity as early as 2018.

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