Steve Huntoon says the participant funding model makes as much sense today as it did 20 years ago despite FERC's second thoughts expressed in its July ANOPR.

PJM TOs 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.

Panelists dissected FERC’s proposed rulemaking on transmission planning and cost allocation, noting what the commission left out and the challenges ahead.