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FERC approves request to repay generators 

The Federal Energy Regulatory Commission (FERC) has approved a joint application from ITCTransmission and Michigan Electric Transmission Co. LLC (METC), subsidiaries of ITC Holdings Corp., made with the Midwest Independent Transmission System Operator to repay generators interconnecting with their systems for the full cost of network upgrades necessary to enable those interconnections.

“Electric transmission is the backbone of the energy delivery system and plays a critical role in enabling us to make the greater use of renewable and other clean electricity sources,” says Joseph L. Welch, president and CEO of ITC. “FERC’s order will remove a significant barrier to entry for new generation, including wind and other renewable resources, and will promote a more competitive energy market to the benefit of customers and generators.”

Previously, generators interconnecting to the ITCTransmission and METC systems were required to bear half the costs of most network upgrades along with other costs of interconnection, the companies say. Under the newly approved policy, generators will be fully reimbursed for the costs of network upgrades necessary to enable their interconnection with the ITCTransmission and METC systems, provided the generators meet certain eligibility requirements.

North American Windpower

13 September 2007

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial educational effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.

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