FERC has granted NextEra Energy Transmission Southwest’s request to recover 100% of “prudently incurred costs” on a transmission project in New Mexico if the project isn't finished for reasons beyond its control.

The D.C. Circuit Court of Appeals upheld a FERC ruling that found a 2016 merger had left three ITC Holdings subsidiaries no longer fully independent.

Stakeholders reiterated the positions in their initial comments in FERC's inquiry into its transmission incentive policies as they rebutted each other.

Regulators should preserve the multiple incentives currently offered to transmission developers, former FERC commissioners said.

FERC reaffirmed that Pacific Gas & Electric participates voluntarily in CAISO and qualifies for hefty financial incentives to remain in the ISO.

FERC’s request for comments on transmission incentives produced splits between transmission owners and load interests, as well as calls for new policies.

FERC will seek comments on how it could improve its transmission incentives and return on equity policies under two Notices of Inquiry.

FERC authorized NextEra Energy Transmission Midwest to recover all “prudently incurred” costs related to the Hartburg-Sabine Junction 500-kV project.

FERC reduced the return on equity adders previously granted to ITC Holdings subsidiaries for being independent, standalone transmission providers.

FERC instructed Pacific Gas and Electric and the California Public Utilities Commission (CPUC) to brief it on whether Cal. law allows PG&E to quit CAISO.