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April 27, 2024

FERC Order 679

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FERC Approves Rate Incentives for NJ OSW Transmission
FERC approved four rate incentives to Mid-Atlantic Offshore Development to serve offshore wind in New Jersey under the State Agreement Approach with PJM. 
Grid North Partners
FERC Approves Dairyland Incentives for Minn.-Wis. Transmission Line
FERC OKd Dairyland Power Coop’s requested rate incentives for the Wilmarth-North Rochester-Tremval project, a 169-mile line spanning Minnesota and Wisconsin.
SPP
FERC OKs NextEra Request to Recover Abandoned Tx Costs
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.
S&P Global Market Intelligence
TOs, Consumer Groups Clash over RTO Adder
Transmission owners told FERC that limiting the RTO participation adder would reduce grid investments while ratepayers called the proposal long overdue.
DC Circuit Upholds FERC on ITC Adders
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 Spar in FERC Tx Incentives Docket
Stakeholders reiterated the positions in their initial comments in FERC's inquiry into its transmission incentive policies as they rebutted each other.
Former Commissioners Debate Tx Incentive Revamp
Regulators should preserve the multiple incentives currently offered to transmission developers, former FERC commissioners said.
PG&E Deserves $30M ISO Adder, FERC Says
FERC reaffirmed that Pacific Gas & Electric participates voluntarily in CAISO and qualifies for hefty financial incentives to remain in the ISO.
Tx Incentives NOI Brings Calls for Broader Reforms
FERC’s request for comments on transmission incentives produced splits between transmission owners and load interests, as well as calls for new policies.
FERC Opens Inquiries into Tx Incentives, ROE Policies
FERC will seek comments on how it could improve its transmission incentives and return on equity policies under two Notices of Inquiry.

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