DOE Selects Project to Upgrade Transmission Capacity Involving Ameren Missouri
What happened
The U.S. Department of Energy selected Pitch Aeronautics Inc. as the prime applicant for a proposal pairing weather-based transmission ratings with wire upgrades to raise the amount of electricity existing lines can carry. Ameren Missouri, Ameren Illinois, and Farmington Electric Utility System were identified as host utilities for the project. The proposal requests $37,034,911 in federal support and is valued at $75,565,842.
From econotimes.com
Why it matters
Ameren stated that grid congestion can prevent lower-cost electricity from reaching customers, which may lead utilities to rely on more expensive local power plants. The project is intended to ease these constraints and help connect new generation.
From econotimes.com
Who's involved
- Ameren MissouriHost utility for a project to upgrade transmission capacity
- AmerenParent company of Ameren Missouri
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Companhia Energética de Minas GeraisSpeculative
Could see changes in competitive position due to grid modernization and federal funding.
- Southern CompanySpeculative
Might benefit from improved grid capacity and federal funding.
- TXNM EnergySpeculative
May see shifts in competitive position related to grid upgrades and federal funding.
- FortisSpeculative
Could experience changes in competitive position stemming from federal funding for grid modernization.
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The entities involved
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Ameren
electric power and natural gas utility holding company based in St. Louis, Missouri, U.S.
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Ameren Missouri
electric power and natural gas utility owned by Ameren Corporation
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