SPP stakeholders support $7.7B of new transmission projects

SPP stakeholders support $7.7B of new transmission projects

10.23.2024

Last week, SPP stakeholders voted in favor of the plans proposed by its Integrated Transmission Planning (ITP) process, asserting that studies show the transmission investments will pay for themselves in a matter of years and return benefits at a rate of at least eight-to-one.

In the face of unprecedented load growth, the electric grid and wholesale power market manager across 14 states in the central U.S. recognizes the need to improve reliability across its service territory and increase resiliency during extreme weather events.

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