We use cookies to provide you with a better experience. By continuing to browse this site you are agreeing to our use of cookies in accordance with our Cookie Policy.
FERC on Thursday accepted a settlement that replaces the New York Power Authority’s stated transmission rates with a cost-of-service formula including a base return on equity of 8.95%. NYPA will receive an additional 50 basis points for its participation in NYISO (ER16-835). Lineman on transmission pole | New York Power...
By Rory D. Sweeney FERC last week rejected PJM’s proposal for revising how it implements its financial transmission rights forfeiture rule, ordering the RTO to instead adopt a portfolio approach suggested by the Independent Market Monitor (EL14-37). The commission, however, declined to order any refunds. The ruling was the result...
By Robert Mullin CAISO’s decision to consider reforms to its congestion revenue rights auctions as one of its top priorities for 2017 has provoked mixed reactions from stakeholders. Opponents of the move say the ISO’s pursuit of the CRR issue lacks widespread stakeholder support and therefore doesn’t warrant a top...
Proposal Exempts Substation Upgrades from Competitive Bidding
Jan 16, 2017
PJM is proposing rules that would exempt certain substation equipment from competitive bidding because issues stemming from existing components are typically resolved by equipment upgrades, Mark Sims, transmission planning manager for the RTO, explained during last week’s Planning Committee meeting. Exempting those types of upgrades, which won’t result in greenfield...
By Robert Mullin The Western Area Power Administration has selected a route for the TransWest Express transmission project, a proposed 730-mile, extra-high-voltage DC line designed to deliver large volumes of renewable energy into the desert Southwest. The announcement comes a month after the U.S. Interior Department’s approval of the project...
By Rory D. Sweeney VALLEY FORGE, Pa. — PJM staff last week outlined a proposal to lengthen the RTO’s Regional Transmission Expansion Plan cycle for reliability projects from 12 months to 18 months. Staff explained the plan at a special session of the Planning Committee on redesigning the Transmission Expansion...
FERC last week approved a designated entity agreement (DEA) for Transource Energy to construct the AP South Congestion Improvement Project, subject to the outcome of a formula rate case the company has submitted to the commission (ER17-349). PJM last year approved a $340.6 million proposal by Transource and Dominion High...
VALLEY FORGE, Pa. — PJM has developed a load forecasting process that has improved the grid operator’s prediction accuracy, staff meteorologist Elizabeth Anastasio told stakeholders at a Jan. 11 Operating Committee meeting. PJM purchases three weather forecasts from different vendors, Anastasio explained. Load forecasts based solely on the most accurate...
By Rory D. Sweeney VALLEY FORGE, Pa. — When Dominion Resources argued that failing to build a 500-kV line across the James River could result in blackouts, opponents of the plan didn’t believe it. It turns out the company wasn’t bluffing. Ronnie Bailey, a transmission planner for Dominion, presented the...