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June 23, 2024

transmission incentives

© RTO Insider LLC
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. 
Propel NY Energy
New York PSC Seeks Rehearing of RTO Adder for Offshore Tx Project
The New York Public Service Commission requested a rehearing of FERC’s December order granting a 50-basis-point RTO participation adder for the Propel NY Energy transmission project.
PJM
Christie Blasts FERC Transmission Incentives in PATH, Brandon Shores Orders

FERC Commissioner Mark Christie used orders on two transmission projects to blast the commission’s “ridiculously generous” incentives.

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.
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FERC Issues 1st Proposal out of Transmission Proceeding
FERC proposed changing transmission planning and cost allocation processes to help build out the grid in response to electrification and renewables.
SPP
NextEra Transmission Subsidiary Gains Abandonment Approval
FERC granted NextEra Energy Transmission Southwest’s request to recover all prudently incurred costs associated with an $85.2 million competitive project.
Lindsey Manufacturing
Utilities Looking to FERC for GETs Incentives
Without any financial incentives from the federal level, utilities are unlikely to make the huge investments needed to deploy grid-enhancing technologies.
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.
WIRES Conference Talks Order 1000, Tx Incentives
Panelists during WIRES’ virtual Summer Meeting discussed the impact of the pandemic on transmission rate structures, Order 1000 and FERC's incentives NOPR.
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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