December 10, 2023

RTO adder

Michels Corporation
FERC OKs Incentives for Republic Transmission on MISO’s 1st Competitive LRTP Project
FERC approved LS Power’s request for rate incentives for the first competitive project surfacing from MISO’s long-range transmission plan.
FERC Approves Removal of RTO Adder for AEP Ohio Cos.
FERC approved revised rate schedules for two American Electric Power affiliates in Ohio to remove their RTO participation adders.
© RTO Insider LLC
FERC Orders Two Ohio Utilities Ineligible for RTO Adder
FERC rescinded RTO participation incentives for two AEP affiliates on the grounds that Ohio law compels transmission owners to participate in an RTO.
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.
WIRES Study IDs Economic Impact of RTO Tx Projects
Transmission projects that have been approved by RTOs or recommended to regulators would boost GDP by $42 billion, according to industry trade group WIRES.
Despite FERC NOPR, Fortis Optimistic About Transmission
In a first-quarter earnings call with analysts, Fortis CEO David Hutchens highlighted the work of subsidiary ITC Transmission in MISO and PJM.
AEP’s Akins Lambasts FERC’s RTO Adder Proposal in Earnings Call
AEP CEO Nick Akins expressed his “extreme disappointment” with FERC’s recent proposal to limit a transmission rate adder incenting utilities to join RTOs.
© RTO Insider LLC
UPDATED: FERC Proposes to Narrow RTO Incentive
FERC voted to approve a supplemental NOPR that would scale back a transmission rate adder designed to encourage utilities to join RTOs.
FERC Partially Approves DP&L Tx Rate Incentives
FERC partially accepted Dayton Power and Light’s transmission rate incentives request, requiring more information on its petition for an RTO participation adder.
Tx Incentive NOPR Leaves Many with Sticker Shock
FERC’s proposed new approach to awarding transmission incentives drew some support but also generated much sticker shock among stakeholders.

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