FERC NOPRs Would Require ‘Candor,’ Improved Accounting for Renewables
FERC proposed the creation of a single accounting class for energy storage projects like AES' Lawai Solar Project in Kauai, Hawaii, to end the need for reallocating costs between production, transmission and distribution accounts based on usage of the asset.
| National Renewable Energy Laboratory
Jul 29, 2022
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FERC issued rulemakings to impose a “duty of candor” in communications with FERC-regulated entities and set new accounting regulations for renewables.