Lucky Corridor LLC has signed a memorandum of understanding (MOU) with the Western Area Power Administration, a power marketing administration of the U.S. Department of Energy, to explore the potential joint development of a 93-mile, 230 kV transmission line project in northern New Mexico.
The proposed project and associated upgraded facilities would make it possible to transport New Mexico's wind and solar energy to electricity users across the Western states, Lucky Corridor says. The proposed transmission line would use existing pathways through private, state and federal lands in New Mexico to feed energy to Four Corners, an NYMEX hub, where it can be sold.
Lucky Corridor has also entered into an MOU with New Mexico's Renewable Energy Transmission Authority to help develop and fund the transmission project. The effort was initiated by Lynn Chapman Greene – founder, president and CEO – and ranchers in Union County, N.M., and Trinchera, Colo.