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Stock impact report

New Analysis Quantifies Capacity Benefits of Grid United and ALLETE’s North Plains Connector Interregional Transmission Line

Allete, Inc. (ALE) 
Last allete, inc. earnings: 2/13 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.allete.com/investor-relations
Company Research Source: Business Wire
HOUSTON--(BUSINESS WIRE)--Grid United, a leading developer of high voltage transmission infrastructure, today announced the results of a comprehensive study conducted by Astrapé Consulting, highlighting the substantial reliability and capacity benefits of connecting the Western and Eastern Interconnections across three independent system markets – Western Electricity Coordinating Council (WECC), Southwest Power Pool (SPP), and the Midcontinent Independent System Operator (MISO).Grid United and ALLETE, Inc. (NYSE: ALE) are developing North Plains Connector (NPC), a 415-mile and up to 525 kilovolt high voltage direct current (HVDC) transmission line that would connect the western and eastern electric grids in Montana and North Dakota. NPC would be the first HVDC transmission connection between three regional U.S. electricity markets — MISO, SPP, and WECC.The study, which modeled North Plains Connector as two 1,500 MW HVDC lines connecting SPP and MISO to the Western electric grid, q Show less Read more
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