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Public Service Commission approves SWEPCO request for wind energy  

Credit:  By KATC News | May 27, 2020 | www.katc.com ~~

The Louisiana Public Service Commission approved a request Wednesday from the Southwestern Electric Power Company to provide renewable wind energy for Louisiana customers.

According to a release from the Alliance for Affordable Energy, SWEPCO, which is a subsidiary of AEP, received approval from LPSC to purchase three new wind facilities in Oklahoma totaling 1,485 MW in nameplate capacity.

The facilities will be co-owned with another AEP subsidiary, Public Service Company of Oklahoma and serve customers in Oklahoma, Texas and Louisiana.

The 810 MW of nameplate capacity is slated for SWEPCO jurisdictional customers, and up to 464 MW for Louisiana customers.

The approval comes after a non-contested settlement agreement among stakeholders in Louisiana, including the Alliance for Affordable Energy, Walmart, Inc., the LPSC Staff and SWEPCO, the release states.

Terms of the settlement include a cost cap, utilization of the federal Production Tax Credit, a Net Capacity Factor guarantee and, most importantly, a Net Benefits guarantee.

Additionally, the company says it has committed to acquiring up to 200 MW of solar, located within SWEPCO’s Louisiana territory, within the next three years, as well as committed to exploring alternatives to transmission line construction which may be needed to serve the facility in the future.

Source:  By KATC News | May 27, 2020 | www.katc.com

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.

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