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Walmart and EDPR Announce PPAs for 233 MW of Wind Energy

LCG, October 18, 2018--Walmart and EDP Renewables (EDPR) announced Tuesday three power purchase agreements (PPA) for electricity generated from three utility-scale wind farms that will be developed, owned and operated by EDPR. The total electric generating capacity from the three new projects to be installed in Illinois and Indiana is 233 MW.

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AEP to Accelerate Closure of Conesville Plant in Ohio

LCG, October 11, 2018--American Electric Power (AEP) announced plans to retire its coal-fired Conesville electric generating facility in Ohio by May 31, 2020, two years ahead of the previously planned schedule.

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Industry News

Trans-Elect Files Application for Atlantic Wind Connection Project

LCG, December 22, 2010--Trans-Elect filed on Monday with the Federal Energy Regulatory Commission (FERC) for approval to construct an off-shore, electric transmission project along the Mid-Atlantic coast from New Jersey to Virginia to connect off-shore wind farms to the transmission grid.

Trans-Elect, the developer, estimates the project cost to be approximately $5 billion. The target schedule for the project is to receive regulatory approvals and project funding by 2013. Construction could then commence, with the first phase of construction completed in 2016 and the entire, 350-mile project completed by 2020.

As proposed, the project will connect 6,000 MW of offshore wind turbines to the existing transmission grid at four interconnection sites, ranging from near Norfolk, Virginia up to Delaware, plus interconnections in southern and northern New Jersey.

The project will employ High Voltage Direct Current (HVDC) technology to create the off-shore, transmission backbone. The project is designed to be scalable so that it can be expanded to receive energy from additional off-shore wind projects.

Trans-Elect requested a return on equity of 13.58 percent.

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