ABB won a $50 million order from Electric Transmission Texas LLC (ETT) to provide electrical equipment that will improve reliability, strengthen the existing transmission grid and facilitate the integration of wind power.
ABB will design, supply, install and commission four static var compensators (SVCs) at two sites. SVCs are designed to enhance the capacity and flexibility of electric transmission systems by allowing more power to reach consumers, lower investment costs and shorter implementation times than the traditional way of building new power plants and transmission lines. They also are made to help address voltage and frequency stability issues.
The project, to be completed by 2013, is part of the Competitive Renewable Energy Zones (CREZ) program, aimed at increasing the contribution of renewable energy in Texas by up to 18 GW.
ETT is a joint venture between subsidiaries of American Electric Power (NYSE: AEP) and MidAmerican Energy Holdings Co. ETT owns and operates transmission facilities within the Electric Reliability Council of Texas, primarily in and around the AEP Texas Central Co. and AEP Texas North Co. service territories.
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