HOUSTON (Reuters) - Texas utility regulators on Thursday awarded nine companies rights to build $5 billion in new electric transmission lines to move power from windy areas to big cities like Dallas and San Antonio, a move aimed at doubling renewable energy supplies.
Dallas-based Oncor, the state's largest power company, American Electric Power's joint venture Electric Transmission Texas and Sharyland Utilities, along with affiliates of FPL Group, Spanish-based Isolux Corsan and LS Power Group were awarded major portions of the grid expansion, which will add as much as 2,900 miles of new power lines.
"We have taken a big step to deliver more wind power to Texas electric customers," Texas Public Utility Commission Chairman Barry Smitherman said after the panel's vote.
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