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  1. Market Data
September 13, 2021

New Beverly Substation, US

By Carmen

New Beverly Substation is a 345kV substation located in Beverly, Iowa, US.

The New Beverly Substation project’s construction has begun in 2020. The works are expected to be commissioned in 2021.

Description

New Beverly Substation project, which is a new substation, will be operated by ITC Midwest.

The designed voltage level of the substation is 345/161kV and the operating voltage level is 345/161kV.

The step-in voltage of the project is 345kV and the step-out voltage is 161kV. Upon completion, the substation will have a capacity of 450MVA.

New Beverly Substation project development status

The development of the New Beverly Substation project was approved by Iowa Utilities Board in 2020. The project is expected to be commissioned in 2021. Approximately $24.2m was financed by the authorities to undertake the construction works of the project.

About ITC Midwest

ITC Midwest LLC (ITC Midwest), a subsidiary of ITC Holdings Corp, is an electric utility that offers electricity transmission services. The utility offers operation, upgrades and maintenance of transmission facilities. Its projects include Colby-Killdeer 345 kV Line Build, Heron Lake – Lakefield 161 kV Line Rebuild, Minnesota-Iowa 345 kV Electric Transmission Project, Ottumwa-Iowa/Missouri Border Transmission Project, Salem-Hazleton project, Cardinal-Hickory Creek, Lambton-St. Clair Line Upgrade, and others. ITC Midwest operates through its electric transmission lines in Iowa, Minnesota, Illinois and Missouri, the US.

Methodology

All publicly-announced T&D Line & Substation projects included in this analysis are drawn from GlobalData’s Power IC. The information regarding the projects is sourced through secondary information sources such as country specific utility players, company news and reports, statistical organisations, regulatory body, government planning reports and their publications and is further validated through primary from various stakeholders such as power utility companies, consultants, energy associations of respective countries, government bodies and professionals from leading players in the power sector.

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