FERC approved a settlement for three transmission projects intended as contingencies for the potential closure of the Indian Point nuclear power plant.

A summary of FERC orders approved at its open meeting last week related to NYISO.

New York transmission owners filed a proposed settlement with FERC establishing the cost allocation and rate of return for three transmission projects.

The NYPSC has come out against the New York Power Authority’s request for a nearly 10% increase in its transmission rates.

Seven projects proposed by transmission developers for the mid-Hudson region have cleared an initial screening by the staff of the New York PSC.

Earnings from U.S. operations were a bright spot for Spanish utility conglomerate Iberdrola SA, as the company coped with the effects of slashed government subsidies for renewable energy in its home country.

NYISO last week asked FERC to exempt competitive transmission, including the Champlain Hudson project, from the ISO’s buyer-side mitigation rules.