AEP venture completes Texas CREZ power transmission lines


Dec 9 (Reuters) - U.S. power company American Electric PowerCo Inc said on Monday its Electric Transmission Texasventure energized the last of seven transmission line projectsassociated with the Competitive Renewable Energy Zones (CREZ) inwest Texas.

The CREZ initiative involves nine transmission companies,including Electric Transmission Texas, constructing 2,400 milesof power lines to carry 18,500 megawatts of west Texas windgeneration to major load centers in the Electric ReliabilityCouncil of Texas (ERCOT). ERCOT operates the power grid for mostof Texas.

One megawatt powers about 1,000 homes.

All CREZ projects are scheduled for completion by the end of2013, AEP said.

Electric Transmission Texas is a joint venture between AEPand Berkshire Hathaway Inc's MidAmerican EnergyHoldings Co.

The venture energized the 345-kilovolt Edith Clarke toCottonwood line, which cost about $175.4 million to build, onDec. 4, AEP said in a release.

Overall, Electric Transmission Texas has invested about $1.5billion in CREZ lines, AEP said, noting the venture energizedthe first of the seven CREZ lines in August.

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