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October 27, 2024

ITC Holdings Corp.

ITC Holdings
Michigan ROFR Bill Approved, Sent to Governor
A bill granting incumbent transmission owners the right of first refusal to build and operate transmission in Michigan won final legislative approval.
ITC Holdings
Michigan Senate OKs Transmission ROFR for Incumbent TOs
Michigan’s Senate voted to grant incumbent transmission owners the right of first refusal to build and operate new transmission lines in the state.
Wisconsin PSC
Former Wisconsin Commissioner’s Texts Imperil Cardinal-Hickory Creek Line
Former Wisconsin Commissioner Mike Huebsch has tainted the permitting process of the Cardinal-Hickory Creek transmission line by contacting ATC and ITC employees through an encrypted messaging app during the permitting process.
FERC and NEPA Reform Sought to Speed Tx Expansion
At a hearing before the House Select Committee on the Climate Crisis, speakers discussed modernizing the grid & the steps necessary to decarbonize the U.S.
Despite FERC NOPR, Fortis Optimistic About Transmission
In a first-quarter earnings call with analysts, Fortis CEO David Hutchens highlighted the work of subsidiary ITC Transmission in MISO and PJM.
DC Circuit Upholds FERC on ITC Adders
The D.C. Circuit Court of Appeals upheld a FERC ruling that found a 2016 merger had left three ITC Holdings subsidiaries no longer fully independent.
METC to Pay $125,000 for NERC Violations
FERC approved a settlement between ReliabilityFirst and Michigan Electric Transmission Company for violations of NERC reliability standards.
ITC Recounts Derecho Response at NERC Conference
The August 2020 derecho caused $7.5 billion in damage and led ITC Holdings to seek mutual aid for the first time in its history.
Lake Erie Connector Capacity for Sale
ITC Holdings wants utilities to buy capacity on the Lake Erie Connector, an underwater HVDC transmission line that will run from Ontario to Pennsylvania.
FERC Rebuffs ITC Call to Restore Full ROE Adders
FERC affirmed a previous ruling that found three ITC Holdings subsidiaries were no longer fully independent, disqualifying them from a transco adder.

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