Categories
Berkshire Hathaway Energy

Environmental Approval Moves Berkshire’s TransCanyon’s Cross-Tie Project Another Step Forward

(BRK.A), (BRK.B)

TransCanyon LLC, a joint venture between Berkshire Hathaway Energy’s BHE U.S. Transmission and Pinnacle West Capital Corporation, has achieved a significant step in the development of its Cross-Tie Project. The Bureau of Land Management (BLM) and the U.S. Forest Service recently announced the availability of the Final Environmental Impact Statement (FEIS) for the project, a critical milestone for this major energy infrastructure initiative.

The Cross-Tie 500-kV Transmission Project is designed to enhance energy transmission in the western U.S., increasing the grid’s resilience and enabling the delivery of renewable energy across regional markets. Stretching approximately 214 miles, the high-voltage line will connect central Utah’s Clover Substation to the Robinson Summit Substation in Nevada, with a capacity of 1,500 megawatts.

The FEIS, released on September 20, 2024, outlines the project’s environmental impacts and proposed alternatives, as well as key mitigation measures to be followed during construction and operation. Michael Gates, BLM West Desert District Manager, emphasized the project’s role in improving grid reliability and advancing renewable energy delivery in the region.

TransCanyon looks forward to the final Record of Decision, expected in winter 2024, and aims to provide enhanced energy access, reduce congestion on current lines, and connect to the CAISO energy market by 2027.

© 2024 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell a stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.

Leave a Reply