October 31, 2024

FERC Order 679

Tx Incentives NOI Brings Calls for Broader Reforms
FERC’s request for comments on transmission incentives produced splits between transmission owners and load interests, as well as calls for new policies.
FERC Opens Inquiries into Tx Incentives, ROE Policies
FERC will seek comments on how it could improve its transmission incentives and return on equity policies under two Notices of Inquiry.
NextEra Gains Incentive for Hartburg-Sabine Project
FERC authorized NextEra Energy Transmission Midwest to recover all “prudently incurred” costs related to the Hartburg-Sabine Junction 500-kV project.
ITC
FERC Reduces ITC Adders over Independence Issues
FERC reduced the return on equity adders previously granted to ITC Holdings subsidiaries for being independent, standalone transmission providers.
PG&E
Can PG&E Quit CAISO? FERC Wants to Know
FERC instructed Pacific Gas and Electric and the California Public Utilities Commission (CPUC) to brief it on whether Cal. law allows PG&E to quit CAISO.
NYSEG
FERC Clarifies New York TOs’ Cost Recovery
New York transmission owners will be eligible for full cost recovery when regulated backstop solution reliability projects are canceled, FERC said.
FERC OKs GridLiance West Incentives, Questions ROE
FERC granted GridLiance West incentive rate treatments for upgrades to a Nevada transmission line that connects to the CAISO grid.
Court Remands PG&E Adder for CAISO Membership
The 9th Circuit challenged FERC's decisions allowing PG&E to include a CAISO participation adder in its transmission rates.
Southern California Edison
FERC Sets Hearing on SCE Tx Rates; Glick Dissents
FERC ordered hearing and settlement proceedings on Southern California Edison’s proposal to revise its transmission formula rate.
PGE
FERC Upholds PGE ISO Incentive Adder, Rebuffs CPUC
FERC rejected an argument by the California PUC (CPUC) that it erred last year in allowing PG&E to include a 50-basis-point ISO participation adder.

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