FERC Order 679
The developers of the abandoned PATH transmission project would be denied recovery of more than $10 million of their $121.5 million claim under an initial decision by a FERC administrative law judge Monday.
A split FERC granted ITC Midwest’s request for an incentive adder but cut the bonus in half, prompting a dissent from Commissioners Moeller and Clark.
Stakeholders called on FERC to reject a request by MISO transmission owners for a 50-basis-point adder as an incentive for their participation in the RTO.
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