Two Texas competitive renewable energy zone (CREZ) projects came online in October, involving nearly 174 miles of 345-kV line with an estimated cost of $346.9m.
The two projects include the Electric Transmission Texas’ 90-mile Clear Crossing to Dermott and the 84-mile Edith Clarke to Clear Crossing line. The projects were estimated to cost $189.2m and $157.7m, respectively.
Six new projects were announced last month as well. The New England Clean Power Link sponsored by Transmission Developers, Inc., marked the largest project as it is expected to run 150 miles from the US/Canada border to Ludlow, Vt. The HVDC line would run underwater and underground. The estimated cost is $1.2b and the project is expected online in 2019.
The estimated $73.5m Northeast Transmission System Improvement Project by Exelon‘s (NYSE:EXC) Baltimore Gas and Electric is a 28-mile, 230-kV project that is expected online by 2018.
A number of projects in Alberta sponsored by AltaLink were approved by the Alberta Utility Commission (AUC) last month. AltaLink reported that the 150-mile, 500-kV Western Alberta Transmission Line would cost more than originally thought – from $1.39bn to $1.65bn.
Additionally, FirstEnergy‘s (NYSE:FE) Glenwillow to Bruce Mansfield Project has decreased the estimated cost from $184m to $151m. The project is a 345-kV, 110-mile circuit that is expected online in 2015.