American Transmission Co.’s 10-year plan for electric grid improvements calls for a mix of new construction and continued asset maintenance to maintain the company’s top performance in operations.
“Our long-range planning efforts assure the reliability that our customers depend on,” said Jim Vespalec, director of asset planning and engineering. “The expenditures in the 2018 plan reflect the measures necessary to maintain and improve electric reliability.”
Specifically, the plan calls for expenditures of $1.5 billion in asset maintenance, $0.3 billion in regional Multi-Value Projects, $0.5 billion in network projects and between $0.5 billion and $1.1 billion in other capital expenditures.
“Long-term planning has always been a complex undertaking, but it was relatively consistent in the days of steady load growth and a stable generation mix,” said Ron Snead, vice president of system planning. “Today’s world is much more dynamic. We anticipate more than 30 percent of the coal-fired generation in our service territory will be retired by the end of 2019. That requires agility and flexibility in working with our customers to reliably and efficiently meet their transmission needs.”
The full plan is available for viewing at ATC10YearPlan.com.