July 2017

AEP to Spend $4.5B on Largest Wind Farm in US
American Electric Power (AEP) plans to build a 2,000-MW wind farm and accompanying high-voltage, interstate transmission line.
Eversource Q2 Earnings up on Tx, Distribution
Eversource reported net earnings of $230.7 million in the second quarter of 2017, compared to $203.6 million a year earlier.
New CAISO Rules Spell Increased DER Role
The CAISO Board of Governors approved a set of market rules designed to aid the integration of distributed energy resources and energy storage.
CAISO Board Approves Aliso Canyon Rules Package
The CAISO Board of Governors greenlit new rules that allow the grid operator to constrain the operations of gas plants across the state and the EIM.
Q2 2017 Earnings Briefs
Calpine, PG&E and Southern California Edison released their second-quarter earnings results last week.
Ex-FERC Commissioner Tony Clark Addresses Markets’ ‘Identity Crisis’
Tony Clark’s term as FERC commissioner ended nine months ago, but he hasn’t stopped thinking about the issues that animated him during his four-year tenure.
MISO Rejects Cost Recovery for Customer-Funded Projects
MISO’s Steering Committee declined to reconsider a proposal that would allow funders of transmission upgrades for lines under 345 kV to recover costs.
FirstEnergy CEO Says Country Heading for Natural Gas ‘Disaster’
FirstEnergy CEO Chuck Jones said that he thinks the “country is heading for a disaster” because of its over-reliance on natural gas for generating power.
Containment Policy: PJM Takes Up Cost Caps
PJM has begun discussing the role and significance of cost-containment assurances in bids for transmission projects under FERC’s Order 1000.
MISO Rules Must Bend for Storage, Stakeholders Say
MISO must fully consider the special attributes of energy storage devices before developing new rules, stakeholders said.

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