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News
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LCG, April 19, 2018--Alliant Energy's Iowa utility subsidiary, Interstate Power and Light Company (IPL), received approval to increase its wind expansion program from the Iowa Utilities Board (IUB). Through this expansion, combined with existing wind farms and market purchases, the company expects wind to provide approximately one-third of its total electric generating capacity in Iowa by the end of 2020.
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LCG, April 18, 2018--The The Wyoming Public Service Commission last Thursday approved a settlement agreement between PacifiCorp, the Wyoming Industrial Energy Consumers, the Wyoming Office of Consumer Advocate and the Interwest Energy Alliance on the new wind and transmission portions of PacifiCorp's Energy Vision 2020 proposal. The commission also approved the Certificates of Public Convenience and Necessity (CPCNs) that are needed for construction of the Wyoming-based wind and transmission projects.
Pending approval from other state commissions, acquisition of rights of way, and receipt of permits, construction on the wind and transmission projects is expected to start in 2019.
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Industry News
Rocky Mountain Power Pursues Regulatory Approval for $3.5 Billion Wind and Transmission Investment
LCG, July 3, 2017--The Rocky Mountain Power submitted filings last week in Wyoming, Utah and Idaho requesting state regulators to approve a plan to significantly expand the amount of wind power serving customers by 2020. The plan is part of the company's Energy Vision 2020 initiative.
Rocky Mountain Power's Energy Vision 2020 initiative is designed to: (i) upgrade or "repower" the company's existing wind fleet with longer blades and newer technology, (ii) add approximately 1,100 MW of new wind capacity, and (iii) build a new 140-mile Gateway West transmission. Most of the new investments will be in Wyoming.
Rocky Mountain Power President and CEO stated, "We are very excited to begin the stakeholder review process for these projects that will significantly increase the renewable energy that serves all our customers. These investments will provide significant long-term benefits to our customers and bring substantial economic benefits to rural communities where the facilities will be located."
Rocky Mountain Power first announced the wind and transmission investments in April as part of its broader long-term energy plan. Additional filings and regulatory approvals will be necessary.
The Energy Vision 2020 projects, which comprise an investment of $3.5 billion, were chosen by the company as the most cost-effective option to meet customers' energy needs over the next 20 years. By moving to complete the projects by 2020, the company states that it will be able to use federal production tax credits to provide a net cost savings to customers over the life of the projects.
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