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July 7, 2024

ITC Holdings

Latest Z2 Credit Project Delay Renews Old Frustrations
Member frustrations with SPP's Z2 crediting project bubbled to the surface again when staff told them of a new delay.
ITC Accused of Overcharges in Depreciation Dispute
Iowa officials told FERC that ITC Midwest is overcharging its customers for network upgrades because it isn’t applying for tax breaks to which it is entitled.
MISO’s Latest Order 1000 Revisions under Stakeholder Scrutiny
MISO's latest Order 1000 compliance filing revises the developer selection process and outlines a pro forma selected developer agreement.
Tx Developers Challenge PJM Choice on Pratts Project
Two competing transmission developers are challenging selection of Dominion and FirstEnergy by PJM to resolve reliability problems near Pratts, Va.
MISO TOs Seek Base ROE of 11.39%
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%.
MISO-PJM Cross-Border Projects Still Languishing, NIPSCO Says
More than a decade after the MISO-PJM seam was formed, no cross-border projects have been approved and built, NIPSCO said.
FERC Cuts ITC Transco Adder in Half
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 Renew Fight over TO Equity Structure
MISO consumer advocates asked the FERC to reconsider their request to cap the equity component of transmission owners’ capital structure at 50%.
Entergy Joins MISO; Largest RTO by Area
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
State briefs from around PJM's territory. Included this week are Delaware, Indiana, Michigan, New Jersey, Ohio, Pennsylvania, Virginia and West Virginia.

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