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Regulators back part of Wisconsin Energy power plan |
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| USA: October 18, 2001 | ||
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SAN FRANCISCO - Wisconsin Energy Corp. , seeking to keep ahead of growing electricity demand, said yesterday state energy regulators approved part of its $7 billion plan to build new power units in Wisconsin.
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The state's Public Service Commission voted this week to let the Milwaukee, Wisconsin-based company's Wisconsin Electric unit move ahead with plans to add 2,800 megawatts of new generating capacity at its Port Washington and Oak Creek plants over 10 years. The state has projected a need for more than 7,000 MW of new power by 2016, according to Wisconsin Energy. The Port Washington-Oak Creek work will cost $3 billion, said Margaret Stanfield, a spokeswoman for the company. Wisconsin Energy still must secure regulatory and environmental approvals for other parts of its plan, including a $1.3 billion upgrade to plants and $2.7 billion spending on its transmission and distribution networks, Stanfield said. The company will add two 500-MW gas-fired units at its 340-MW coal-fired Port Washington plant and will take the coal-fired generation out of service. At the 1,157-MW Oak Creek plant, the company will install three 600-MW coal-fired units, boosting overall capacity to 2,957 MW. The Wisconsin utility has a current total generating capacity of about 6,000 MW, Stanfield said. Stanfield said the company will file at the Public Service Commission by the end of the year for more approvals of its plan.
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REUTERS NEWS SERVICE
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