RTO adder
FERC accepted SPP’s proposed tariff revisions modifying Central Power Electric Cooperative’s formula rate template but suspended them for a nominal period subject to refund and established hearing and settlement procedures.
FERC approved four rate incentives to Mid-Atlantic Offshore Development to serve offshore wind in New Jersey under the State Agreement Approach with PJM.
The New York Public Service Commission requested a rehearing of FERC’s December order granting a 50-basis-point RTO participation adder for the Propel NY Energy transmission project.
FERC rejected PG&E's request for an adder to its transmission rates based on its participation in CAISO, finding that California law precludes it from leaving the ISO without the state’s permission.
FERC Commissioner Mark Christie used orders on two transmission projects to blast the commission’s “ridiculously generous” incentives.
FERC approved LS Power’s request for rate incentives for the first competitive project surfacing from MISO’s long-range transmission plan.
FERC approved revised rate schedules for two American Electric Power affiliates in Ohio to remove their RTO participation adders.
FERC rescinded RTO participation incentives for two AEP affiliates on the grounds that Ohio law compels transmission owners to participate in an RTO.
Transmission owners told FERC that limiting the RTO participation adder would reduce grid investments while ratepayers called the proposal long overdue.
Transmission projects that have been approved by RTOs or recommended to regulators would boost GDP by $42 billion, according to industry trade group WIRES.
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