ITC Holdings Corp.
MISO transmission owners have told FERC it should order only a modest reduction in their base return on equity to 11.39%, not 9.15%.
More than a decade after the MISO-PJM seam was formed, no cross-border projects have been approved and built, NIPSCO said.
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.
MISO consumer advocates asked the FERC to reconsider their request to cap the equity component of transmission owners’ capital structure at 50%.
MISO began running the nation’s biggest RTO by geography with the integration last week of Entergy’s transmission system and those of six smaller transmission owners.
State briefs from around PJM's territory. Included this week are Delaware, Indiana, Michigan, New Jersey, Ohio, Pennsylvania, Virginia and West Virginia.
FERC approved the merger of Entergy Corp’s transmission system with ITC Holdings Corp. and its move into the Midcontinent Independent System Operator (MISO)
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