PJM filed its long-awaited plan for untangling its interconnection queues, proposing to switch to a “first-ready, first-served” procedure.
FERC ordered a paper hearing on the PJM transmission owner’s proposed tariff revisions to add network upgrades to rate base, requesting more information.
PJM transmission owners provided no evidence that they are having difficulty raising capital but insisted the law was on their side in their bid to rate-base network upgrades.
FERC directed PJM’s transmission owners to provide evidence that they are being squeezed financially by their inability to earn a return on network upgrades.
Protesters urged FERC to reject a bid by PJM transmission owners to fund network upgrades and add them to their rate bases.
Columnist Steve Huntoon says a proposal by PJM TOs to rate base network upgrades and charge generators formula rates would harm new wind and solar.
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