Southwestern Electric Power Co. (SWEPCO) said Dec. 30 that it is withdrawing its application to build a $116m, 345-kV transmission project in Northwest Arkansas. The American Electric Power (AEP) subsidiary made the move after the Southwest Power Pool (SPP) deemed that the proposed Shipe Road-Kings River project is no longer needed. SPP said it based its decision primarily on updated forecasts that show significantly lower electric demand than prior forecasts. Also the cancellation of several large, long-term transmission service reservations has further reduced reliability needs for the area. SPP has started the process to withdraw the “notification to construct,” which is on record with the Arkansas Public Service Commission.
About Wayne Barber 4201 Articles
Wayne Barber, Chief Analyst for the GenerationHub, has been covering power generation, energy and natural resources issues at national publications for more than 20 years. Prior to joining PennWell he was editor of Generation Markets Week at SNL Financial for nine years. He has also worked as a business journalist at both McGraw-Hill and Financial Times Energy. Wayne also worked as a newspaper reporter for several years. During his career has visited nuclear reactors and coal mines as well as coal and natural gas power plants. Wayne can be reached at email@example.com.