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Tres Amigas Allowed to Charge Market-Based Rates The FERC has granted Tres Amigas, LLC approval to sell transmission services at its proposed interconnection at negotiated rates and said that it could allow the project to interconnect with the Texas grid (ERCOT) without subjecting Texas utilities to FERC regulation.
The SuperStation, which would be sited in Clovis, New Mexico, would provide the capability to transfer thousands of megawatts of power between the three U.S. power grids via Superconductor Electricity Pipelines.
FERC Chairman Jon Wellinghoff praised the project as “a prime example of… creativity and pioneering thinking,” and expressed hopes that it would help “open a new transmission path for customers interested in tapping the vast renewable energy potential in many parts of the country.”
The agency provided guidelines by which its disclaimer of jurisdiction over ERCOT could be applied for. Phil Harris, Chief Executive Officer of Tres Amigas, LLC, said the company would be “pursuing strategies” to receive that disclaimer in the coming weeks as well as “negotiating interconnection agreements with transmission companies, finalizing agreements with 'anchor tenants' for the SuperStation, raising additional financing for the next phase of our project and issuing RFP's for HVDC converters and storage batteries." |
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