NPPD, NSP and Alliant May Form TransCo

NPPD, NSP and Alliant May Form TransCo

Two investor-owned utilities and a public power utility are examining the possibility of forming an independent transmission company (TransCo). The Nebraska Public Power District (NPPD), Northern States Power Co. (NSP) and Alliant Energy have signed an agreement to share information and discuss how the public power utility might participate in the proposed TransCo. An NPPD spokesman said talks were still at a very tentative stage. “At Nebraska Public Power District, we have a strong track record of managing Nebraska`s utility assets cost-effectively and reliably,” said William Mayben, president and CEO. “We like the proposed concept that Alliant Energy and NSP have presented to us because it encompasses the same philosophy of accountability and prudent utility management that we employ at NPPD.”

“We are delighted at the prospect of having NPPD join us,” said Tony Schuster, NSP`s transmission systems director and vice president. “NPPD has excellent, strategically located transmission facilities, more of the breadth and geographic scope needed to serve the entire region, and an excellent track record in transmission management.”

“This will be an excellent opportunity for us to demonstrate how a public power utility such as NPPD can participate in the independent transmission company,” said Eliot Protsch, Alliant Energy`s executive vice president-energy delivery. NPPD has more than 6,300 miles of transmission lines located throughout the state. Alliant owns and operates transmission facilities in Iowa, Wisconsin, Illinois and Minnesota. NSP controls transmission lines in Minnesota, North Dakota, South Dakota, Wisconsin and Upper Michigan. Alliant expects to file applications this spring seeking FERC permission to form the TransCo.

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