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FERC last week approved a settlement allowing independent transmission developer TransCanyon to collect a 9.8% base return on equity for any projects it builds under CAISO’s FERC Order 1000 competitive solicitation process (ER15-1682). TransCanyon asked the commission last May for a 10.6% ROE if it were selected to build and...
By Rory D. Sweeney COLUMBUS, Ohio — Three economists, two lawyers and an electrical engineer walk into a bar... Actually, they appeared on stage here for the latest installment in PJM’s ongoing debate over the role and value of financial transactions. Independent Market Monitor Joe Bowring and the Massachusetts Institute...
Below is a summary of the issues scheduled to be brought to a vote at the Markets and Reliability and Members committees Thursday. Each item is listed by agenda number, description and projected time of discussion, followed by a summary of the issue and links to prior coverage in RTO Insider.
By Amanda Durish Cook The length of MISO’s lone market efficiency project for 2016 will have to be extended, increasing its cost by as much as one-quarter and reducing its benefit-cost ratio. MISO said the estimated cost of the Huntley-Wilmarth 345-kV project has jumped by $20 million from the original $81...
By Amanda Durish Cook A Wisconsin wildlife hospital and refuge lost its case against American Transmission Co., as a judge decided that the company has the right to remove trees from the sanctuary’s property. Walworth County Judge Daniel Johnson ruled against Fellow Mortals Wildlife Hospital in Lake Geneva, Wisc., following...
By Tom Kleckner LITTLE ROCK, Ark. — Bowing to arguments from the Public Power sector, the SPP Markets and Operations Policy Committee on Wednesday rejected a rule change that would have allowed transmission owners to collect interest in billing disputes, even if they lose. SPP’s current Tariff language allows a...
By Tom Kleckner LITTLE ROCK, Ark. — SPP stakeholders once again took up the issue of Z2 creditable transmission upgrades last week, and once again, the discussion was lively. The Markets and Operations Policy Committee on Tuesday endorsed a recommendation by the Z2 Task Force to “follow the Tariff” and...
ERCOT on Monday released the results of planning studies under new reliability-must-run rules approved by the Board of Directors last week, confirming that Greens Bayou is still needed to support reliability in the Houston area until the new 1,100-MW, gas-fired combined cycle Colorado Bend Generating Station becomes operational in July.
By Tom Kleckner LITTLE ROCK, Ark. — Kansas City Power & Light’s proposal for addressing cost shifts led to a free-wheeling discussion on transmission pricing and the unintended consequences of proposed Tariff changes at SPP’s Strategic Planning Committee meeting Thursday. It ended with the committee agreeing to defer action pending...
By Amanda Durish Cook FERC last week rejected MISO’s attempt to exempt external generators from interconnection milestone payments, saying the fees should be applied equally to all classes of customers (EL16-12, et al.). MISO had exempted from its M2 milestone payments external network resource interconnection service (E-NRIS) customers and NRIS-only...