Oncor to construct transmission projects under ERCOT's Strategic Transmission Expansion Plan

Oncor Electric is poised to play a pivotal role in ERCOT's Strategic Transmission Expansion Plan (STEP), undertaking the construction of more than half of the projects within this multi-billion-dollar initiative. This includes significant involvement in both the Permian Basin Reliability Plan (PBRP) and the eastern segment of STEP. As a regulated electric transmission and distribution service provider delivering electricity to over 3.8 million customers, Oncor's participation is crucial for enhancing grid reliability and supporting future energy demand across Texas. ERCOT, managing power flow to 90% of Texas customers, relies on strategic partnerships like this to ensure a stable and resilient energy infrastructure. This development highlights the ongoing investment in Texas's transmission infrastructure to accommodate growing energy needs and address reliability concerns, particularly in the energy-intensive Permian Basin. While the deal value remains undisclosed, Oncor's substantial commitment suggests a significant capital expenditure and a long-term strategic alignment with ERCOT's vision for a modernized and robust grid. The announcement underscores the increasing importance of transmission infrastructure development in supporting the state's economic growth and energy security.