Le Lézard
Classified in: Oil industry, Business
Subjects: CON, PDT

ITC Michigan Helps Boost Power Grid Resilience



NOVI, Mich., Oct. 3, 2017 /PRNewswire/ -- To help restore electric service to communities after catastrophic emergencies or significant natural events, 28 utilities ? including ITCTransmission and METC in Michigan ? have now committed to participate in the RESTORE program, which establishes a proactive approach to providing critical equipment for utilities that need additional resources during disaster recovery. The program establishes a binding agreement among participating utilities.

ITC Holdings Corp. Logo

The national importance of a strategic transformer reserve has been highlighted by the Department of Energy's Strategic Transformer Reserve Report to Congress earlier this year. Newly formed at the time of that DOE Report, the RESTORE program is now a fully functional collaborative effort that takes advantage of regional cooperation and is consistent with DOE's recommendation supporting voluntary industry-based options to address the reserve.

RESTORE, or Regional Equipment Sharing for Transmission Outage Restoration, was founded in 2016 by Louisville Gas and Electric Company and Kentucky Utilities Company (LG&E and KU), PPL Electric Utilities, Tennessee Valley Authority (TVA) and Southern Company to identify and share spare transformers and other transmission equipment, which will then be available for purchase by other participants in the event of a major disaster within their service area.

"Utility cooperation and the ability to call on additional resources play a critical role during times of natural disasters and other emergencies that can impact our electric transmission system," said John Lucas, Chair of RESTORE's Operating Committee and Southern Company General Manager of Transmission Policy and Services. "Launching the RESTORE program, coupled with existing industry programs and each utility's internal resources, further strengthens total grid resiliency for the region and electricity customers."

Jon Jipping, Chief Operating Officer for ITC Holdings Corp., including Michigan operating companies ITCTransmission and METC, added: "Establishing these types of relationships and being able to call on more than 20 neighboring utilities at a moment's notice will mean a more efficient response and expedited recovery when experiencing these types of emergencies."

The program has now expanded to include 20 additional participating utilities: Ameren Missouri, Ameren Illinois, Ameren Transmission Company of Illinois, American Transmission Company LLC, Associated Electric Cooperative, Inc., six Duke Energy utilities, Duquesne Light Company, East Kentucky Power Cooperative, Entergy Corporation, Florida Power and Light Company, ITC Midwest, ITC Transmission, METC, Santee Cooper, and South Carolina Electric & Gas Company.   

RESTORE is designed to enhance the resilience and reliability of the power grid and provide additional sources for utilities seeking critical equipment during disaster recovery and does not replace existing programs or agreements already in place. The RESTORE agreement is now in place among all participating utilities, except a few that must first obtain state approval to execute the agreement.

About ITC Michigan
ITC Holdings Corp., the nation's largest independent electricity transmission company based in Novi, Michigan, owns and operates two subsidiaries in the state: ITCTransmission and METC (collectively, ITC Michigan). The two systems comprise approximately 8,700 circuit miles of transmission line serving most of Michigan's Lower Peninsula. For further information visit www.itc-holdings.com. ITC is a subsidiary of Fortis Inc., a leader in the North American regulated electric and gas utility industry. For further information visit www.fortisinc.com.

SOURCE ITC Holdings Corp.


These press releases may also interest you

20 jui 2018
Southern California Gas Co. (SoCalGas) and world-renowned greenhouse tomato and cucumber producer, Houweling's Tomatoes, today announced the installation of a new greenhouse thermal curtain system at Houweling's facility in Camarillo, California. The...

20 jui 2018
PR Newswire - Nabors Industries Ltd. invites you to join Anthony G. Petrello, Chairman and Chief Executive Officer, and William Restrepo, Chief Financial Officer, Wednesday August 1st at 10:00 a.m. Central Time for a discussion of operating results...

20 jui 2018
W&T Offshore, Inc. announced the promotion of William Williford to Vice President and General Manager of Gulf of Mexico. Tracy Krohn, W&T Offshore's Chairman and CEO, stated, "William has proven himself to be of great value to W&T and we are...

20 jui 2018
Alliant Energy Corporation has scheduled its second quarter 2018 earnings release for Thursday, August 2nd, after market close.  A conference call to review the second quarter results is scheduled for Friday, August 3rd at 9:00 a.m. CT. ...

20 jui 2018
Strongco Corporation today announced it will hold a conference call on Thursday, August 2, 2018 at 10am ET to discuss the Company's financial performance for the second quarter ended June 30, 2018. Results will be issued by press release prior to...

20 jui 2018
Enbridge Executive Vice President Cynthia Hansen congratulates Mayor John Tory on the joint project to construct the City's first renewable natural gas facility, located at the Dufferin Organics Processing Facility. Together, Enbridge Gas...




News published on 3 october 2017 at 09:00 and distributed by: