Ferc Grants Incentive Rate Treatment For Transmission Projects In West, Mid-atlantic

摘要

FERC last week granted transmission rate incentives for a proposed $1 billion project that would span 130 miles across northeastern Pennsylvania and northern New Jersey.rnIn a separate decision, the commission granted Pacific Gas & Electric's request (EL08-24) for recovery of prudently incurred pre-commercial and abandonment costs of a proposed transmission project that would run more than 1,000 miles from Canada to California. But given the early stage of the proposed $3.2 billion project, FERC deferred its decision on whether to grant other incentive rates until PG&E completes additional studies and resubmits its request.rnAs lead sponsor, PG&E is coordinating with several other energy companies to plan the 3,000 MW, 500 kV direct current line that would send power from renewable resources between British Columbia, Canada, the Pacific Northwest and Southern California, the utility said in December (IF, 7 Jan, 3).rnAs for the Susquehanna line (EL08-23) proposed by PPL Electric Utilities and Public Service Electric and Gas in the Mid-Atlantic region, FERC approved a 1.25% rate of return on equity adder, which was reduced from the requested 1.5%, and a 0.5% adder to each utility's base ROE, for continued membership in PJM Interconnection.