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<br />The following short reports by States gives the present <br /> <br /> <br />4It status of negotiations of the Bureau with the individual Investor~ <br /> <br />OWned electric utilities. These utilities are: <br /> <br />Arizona . . <br />Colorado <br />New Mexico <br />Utah <br />wyoming . . <br /> <br />Arizona Public Service Company <br />Public Service Company of Colorado <br />Public service Company of New Mexico <br />Utah Power and Light Company <br />. Pacific Power and Light Company <br /> <br />Arizona <br /> <br />The Modified Transmission System, Diagram Fig. 1, included <br /> <br />one 345 kv. transmission line from Glen Canyon to pinnacle Peak, <br /> <br />Arizona, (Phoenix), for early transmission of large amounts of power <br /> <br />to that area, and one 230 kv. line from Glen Canyon to Shiprock, New <br /> <br />Mexico. The plan also included the possible later construction of a <br /> <br />second 345 kv. line from Glen Canyon to Pinnacle Peak, if and when <br /> <br />economic justification is demonstrated. However, later studies <br /> <br />indicate that the second line could be justified onlY if large <br /> <br />annual amounts of power were to be transmitted from Glen Canyon to <br /> <br />Arizona, over a long period of years, approaching the 40 or 50 year <br /> <br />payout period of the power investment. <br /> <br />The project power marketing area and criteria were <br /> <br />announced by the Secretary of the Interior on May 18, 1960. By <br /> <br />these criteria, withdrawal of power from the southern area (Arizona <br /> <br />and Nevada) is required as the northern area prefereance load demand <br /> <br />grows, and it is estimated that this will occur about 1973. The <br /> <br />4It remaining amount of power permanently reserved for Arizona, is not <br /> <br />sufficient to justify two 345 kv. lines. Therefore, only one 345 kv. <br /> <br />7 <br />