The Public Utility Commission (PUC) of Texas has assigned approximately $5 billion of transmission projects to be constructed in Texas' Competitive Renewable Energy Zones (CREZ) at its recent open meeting. A final order is expected to be issued in a month, according to a spokesperson for the PUC.
The transmission projects are divided up between the following companies:
– Oncor, with $ 1.34 billion;
– Electric Transmission Texas LLC, with $789 million;
– Wind Energy Transmission Texas LLC, with $402 million;
– Sharyland Utilities, with $394 million;
– LCRA Transmission Services Corp., with $ 750 million;
– Cross Texas Transmission LLC, with $390 million; and
– Lone Star Transmission LLC, with $564 million.
In addition, projects worth $300 million will be spread across six other providers.
‘Oncor is pleased by the PUC's movement from discussion to action, stimulating economic development through investment and the creation of hundreds of new jobs,’ says Don Clevenger, vice president of external affairs. ‘This is also good news for Texas' environment, as Texas constructs new infrastructure to deliver electricity generated from clean, renewable wind power.’
In the coming weeks, Oncor will start closing on the purchase of land for substations and begin detailed engineering of the priority lines.
SOURCES: Oncor, Public Utility Commission of Texas