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Warren Buffett’s $26 billion bet on western U.S. power plants, transmission lines and wind farms is poised to pay off.
A 3,000-mile network of transmission lines designed to bring wind-generated power from West Texas to homes and businesses from Dallas to San Antonio should be fully operational by Tuesday, year’s end.
New wind projects are starting to crop up to take advantage of the new West Texas transmission lines, which link the Panhandle to the state’s main grid, as they near their scheduled completion by the end of this year.
Texas is adding $8.9 billion in electricity transmission improvements by the end of 2017, but it won’t be enough to meet growing demand, the state’s main grid operator says.