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December 27, 2024

right of first refusal (ROFR)

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.
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NYISO Management Committee Briefs: Aug. 25, 2021
NYISO is asking all employees and visitors to demonstrate proof of vaccination against COVID-19 in order to enter its headquarters.
NYC
NYISO Stakeholders OK Tariff Changes for Right of First Refusal
The NYISO BIC approved tariff revisions allowing transmission owners to exercise a ROFR over upgrades to their facilities in the public policy need process.
© RTO Insider LLC
Stakeholder Soapbox: Advancing Grid Parity
R Street Institute's Devin Hartman discusses anti-competitive flaws in RTO transmission policy and ways to level the playing field to encourage innovation.
© RTO Insider LLC
PJM MRC/MC Briefs: July 28, 2021
PJM stakeholders endorsed tariff revisions to exclude the right of first refusal process from the evaluation of non-firm transmission service requests.
PJM
PJM Operating Committee Briefs: July 15, 2021
PJM stakeholders endorsed tariff language revisions to exclude the right of first refusal process from evaluation of non-firm transmission service requests.
FERC Confirms NYTOs’ Right of First Refusal
FERC affirmed that NYTOs have a federal right of first refusal to build, own and recover the costs of upgrades.
FERC Approves PJM’s Immediate-need Revisions
FERC approved PJM’s proposal to provide more transparency in its process for designating immediate-need transmission projects.
More Transparency Ordered on PJM ‘Immediate Need’ Tx
PJM failed to comply with FERC’s conditions for exempting “immediate need” transmission projects from competition and must increase its transparency.
Analyst: Texas ROFR Bill Likely to Survive
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.

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