A Word with Transmission-Only Utility: ITC Holdings Corp - [an Energy Central Power Perspectives™ Interview]
- Mar 22, 2019 4:24 am GMT
Forming a transmission-only business model has several advantages. What are the benefits to becoming a transmission-only utility or transco? Will more utilities consider this business model as an opportunity to expand, upgrade and compete? A transmission-only business model allows utilities to focus their efforts into transporting power. In line with rules established by FERC to bolster transmission investments, a transmission-only utility can promote reliability and lower costs while upgrading infrastructure and reducing transmission congestion. Transmission investment continues to be driven by the need to upgrade aging infrastructure and to expand delivery of new sources of power to population centers.
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