Transmission Rates
SPP staff say they are still waiting for an order from FERC before they can begin distributing millions in compensation to transmission upgrade sponsors from its beleaguered Attachment Z2 process and unwinding billions in settlements.
The Electricity Customers Alliance released a paper offering some potential ideas FERC could take up to ensure affordability in a era of major load growth.
The United Kingdom has found success with a cap-and-floor model for transmission where interconnectors to other countries are guaranteed minimum revenues, but return earnings over the cap to customers.
FERC defended Order 1920 against appeals in a brief filed Jan. 5, saying the transmission planning and cost allocation rule is firmly within its authority and builds on previous pathbreaking rulemakings like Orders 888 and 1000.
FERC accepted SPP's tariff revisions that establish subregions for the cost allocation of future byway projects under its highway/byway methodology.
SPP has opened an office in Denver, giving it a physical presence in the Western Interconnection as it seeks to open two different markets in the West.
The Bonneville Power Administration announced it has triggered a $40 million surcharge to rebuild financial reserves depleted after three years of low water, saying the move could lead to an annual average effective rate increase of 2.2% for most power sales.
Gov. Wes Moore issued an executive order calling for reforms to boost electricity supply and ensure affordability, which will be implemented in part by the new executive director at the Maryland Energy Administration, Kelly Speakes-Backman.
FERC told PJM to change its rules to allow for co-located load at generators, with new transmission services and other tweaks.
Expanding transmission can reduce electricity costs for consumers, but only if the buildout uses consumer welfare as the North Star and ignores narrow political or business interests, say Travis Fisher and Nick Loris.
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