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'Green Power Express' gains federal rate incentives

A 3,000-mile transmission project that would bring wind-powered electricity from North Dakota to Chicago, Minneapolis and other cities can proceed after getting federal approval today of rate incentives for the seven-state project. ITC Holdings Corp.'s "Green Power Express" would cost $10 billion to $12 billion and carry 12,000 megawatts aimed at reducing congestion, improving transmission reliability and strengthening aging electricity infrastructure.

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