right of first refusal (ROFR)
The NYISO BIC approved tariff revisions allowing transmission owners to exercise a ROFR over upgrades to their facilities in the public policy need process.
R Street Institute's Devin Hartman discusses anti-competitive flaws in RTO transmission policy and ways to level the playing field to encourage innovation.
PJM stakeholders endorsed tariff revisions to exclude the right of first refusal process from the evaluation of non-firm transmission service requests.
PJM stakeholders endorsed tariff language revisions to exclude the right of first refusal process from evaluation of non-firm transmission service requests.
FERC affirmed that NYTOs have a federal right of first refusal to build, own and recover the costs of upgrades.
FERC approved PJM’s proposal to provide more transparency in its process for designating immediate-need transmission projects.
PJM failed to comply with FERC’s conditions for exempting “immediate need” transmission projects from competition and must increase its transparency.
The 5th Circuit is likely to uphold a Texas law giving incumbent transmission companies the right of first refusal to build new lines in the state.
The U.S. Department of Justice again supported NextEra’s effort to repeal a Texas law giving incumbent transmission companies the right of first refusal.
Texas' PUC won extra time to respond to NextEra’s efforts to void a law giving incumbent companies the right of first refusal to build transmission lines.
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