Southern California Edison and Lotus Infrastructure Partners have been chosen by the California Independent System Operator to develop, permit, own, operate and maintain new transmission infrastructure that will deliver energy from renewable sources to Southern California.
The companies will build a high-voltage transmission line from Serrano Substation in north-central Orange County to a substation in the vicinity of the retired San Onofre Nuclear Generating Station, largely utilizing existing rights of way for the line.
The SCE-Lotus partnership calls for Lotus to lead the project’s development. Upon completion and regulatory approval, SCE will buy the entire project and lease 25% of the transmission capability to Lotus.
The North of SONGS to Serrano project is a 30-mile, 500-kilovolt overhead transmission line.
CAISO selected SCE-Lotus’s proposal from four applications and CAISO’s comparative analysis included considerations for cost and design, project implementation, operations and maintenance.
SCE is an investor-owned utility, while Lotus Infrastructure specializes “in infrastructure investments along the entire value chain of energy and related sectors as well as other industries that benefit from sustainability and energy transition trends.”