(Des Moines) – The Iowa Utilities Board (IUB) today issued an order that sets the procedural schedule and public hearing date of October 10, 2023, to reconsider MidAmerican Energy Company’s (MidAmerican) application for advance ratemaking principles for its proposed Wind PRIME project.
MidAmerican’s application proposes up to 2,042 megawatts (MW) of wind generation, 50 MW of solar generation, and technology study costs relating to carbon capture, energy storage, and modular nuclear reactor technologies.
The evidentiary hearing will begin at 9 a.m. October 10, 2023, in the IUB’s Hearing Room, located at 1375 E. Court Ave., Des Moines, Iowa. Individuals with disabilities who will require assistive service or devices to observe or participate in the hearing may contact the IUB’s Customer Service staff at (515) 725-7300 at least five business days in advance of the hearing to request arrangements.
Under Iowa Code 476.53, a rate-regulated public utility can seek advance ratemaking principles when it intends to construct (or acquire) an electric power generating facility to help serve its customer base with a nameplate capacity of at least 300 megawatts, or a combined-cycle electric power generating facility, or an alternate energy production facility.
MidAmerican filed its application for advance ratemaking principles on January 19, 2022, in Docket No. RPU-2022-0001.