The Louisiana Public Service Commission (LPSC) has approved Southwestern Electric Power Co’s (SWEPCO) 810MW wind project.
SWEPCO’s plan includes the purchase of 54.5% of three wind farms collectively called the North Central Energy facilities. The farms will provide 810MW of clean energy to SWEPCO customers in Arkansas, Louisiana and Texas.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Public Service Company of Oklahoma (PSO) will acquire the remaining 45.5% of the farms, which are located in north-central Oklahoma.
The Federal Energy Regulatory Commission (FERC) has also approved the acquisition of the wind facilities by SWEPCO and PSO.
SWEPCO president and COO Malcolm Smoak said: “This is an exciting opportunity to bring more low-cost renewable energy to our Louisiana customers.
“We appreciate the careful review by the Louisiana Public Service Commission for this plan to bring the benefits of resource diversity and long-term savings to the families, businesses and communities we serve.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData“Clean and affordable energy helps customers meet their own renewable energy and sustainability goals and makes our community more competitive for economic development.”
LPSC approved the option that could increase the state’s allocation to 464MW from the original 268MW.
Last month, the Arkansas Public Service Commission has also approved the option to increase its allocation. The project is yet to receive approval from the Texas commission.
On the other hand, PSO received final approval from Oklahoma Corporation Commission in February this year to add 675MW wind energy.
Additionally, SWEPCO is planning to issue a request for proposals (RFP) for the development of nearly 200MW of solar generation resources in its service territory.
