FOR IMMEDIATE RELEASE -- January 10, 2018
Contact: Kevin Kelly (573) 751-9300
PSC Approves Agreement in ATXI Transmission Line Case
JEFFERSON CITY---The Missouri Public Service Commission has approved an agreement which grants a certificate of convenience and necessity (CCN) to Ameren Transmission Company of Illinois (ATXI) to build, operate and maintain a 345-kV electric transmission line from Palmyra, Missouri to the Iowa border and an associated substation in Kirksville, Missouri. The transmission line is known as the Mark Twain Transmission Line Project (Project).
The Project is planned to go through the counties of Marion, Knox, Adair, Schuyler and Lewis, mostly via existing transmission easements owned by Northeast Missouri Electric Power Cooperative and Union Electric Company d/b/a Ameren Missouri. ATXI submitted proof that all of those counties, as well as the City of Kirksville, Missouri assent to ATXI building the Project.
The Commission has stated five criteria that it will use when considering an application for a CCN: 1) There must be a need for the service: 2) The applicant must be qualified to provide the proposed service; 3) The applicant must have the financial ability to provide the service; 4) The applicant’s proposal must be economically feasible; and 5) The service must promote the public interest.
The Commission determined the Project is in the public interest. “The Project is needed to integrate wind energy in Missouri and to assist Missouri public utilities in complying with Missouri’s Renewable Energy Standard,” said the Commission. “ATXI is qualified and financially able to build the Project. The Project is economically feasible because Ameren Missouri customers should receive benefits in excess of transmission charges. The Project will likely lead to reductions in Missourians’ ultimate electric rates as compared to rates that would be paid without the Project. Further, the Project will generate significant property tax revenues for the counties through which the Project will be built, and will promote economic development in the region.”