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Transmission owners told FERC that limiting the RTO participation adder would reduce grid investments while ratepayers called the proposal long overdue.
The $83 billion in transmission projects that have been approved by ISO/RTO boards or recommended to regulators would boost GDP by $42 billion and local spending by almost $39 billion during construction, according to a report released Tuesday by a transmission industry trade group. The study, conducted for WIRES by...
Energy economist Judy Chang spent more than two decades opining on electric markets and policy as a principal at the Brattle Group. Since her appointment last June as undersecretary of energy for the Massachusetts Executive Office of Energy and Environmental Affairs, she’s had to think about implementing policies to meet...
In a move that rankled some power industry participants, FERC voted Thursday to approve a supplemental Notice of Proposed Rulemaking that would scale back a transmission rate adder designed to encourage utilities to join RTOs. The vote represented a sharp turnabout from last March, when the commission advanced a proposal...
FERC spent its last open meeting during President Trump’s tenure welcoming a new member and rejecting proposed orders by outgoing Chairman James Danly. Normally held on the third Thursday of the month, the commission’s monthly open meeting was moved to Tuesday, the day before President-elect Joe Biden’s inauguration. It was...
FERC’s proposed new approach to awarding transmission incentives drew some support but also generated much sticker shock among stakeholders, who said it would increase costs in many cases without providing additional benefits (RM20-10). Wednesday was the deadline for comments on FERC’s March Notice of Proposed Rulemaking that would, among many...
California Public Utilities Commission members on Thursday called FERC’s proposal to double its transmission incentive adder and make the bonuses easier to get "disgusting," "appalling" and enough to make "one’s blood boil." The commissioners made their comments before voting unanimously to authorize CPUC lawyers to file comments with FERC opposing...
By Rich Heidorn Jr. FERC on Thursday proposed a new approach to awarding transmission incentives and a doubling of the adder for participating in an RTO. The Notice of Proposed Rulemaking would shift from awarding benefits based on the risks and challenges of a project to one focused on economic...