A member of the Federal Energy Regulatory Commission reiterated Tuesday that FERC’s Order 1000, which becomes effective October 10, 2011 in the face of considerable opposition from certain elements of the electricity utilities sector, will give regional grid operators the means to improve system reliability and will also stimulate much needed investment in transmission lines.
The U.S. Federal Energy Regulatory Commission (FERC) today granted conditional approval to the 250-mile Atlantic Wind Connection project that plans to interconnect up to 6,000 MW of offshore wind power. Subject to the project being included in regional grid manager PJM Interconnection’s regional transmission expansion plan, FERC granted an overall return on equity (ROE) of 12.59%, which includes 250 basis points in incentive ROE adders. Atlantic Wind had requested 300 basis points.
The Federal Energy Regulatory Commission (FERC) has proposed measures to lower costs and increase clean energy use through more frequent energy transmission scheduling.
The American Wind Energy Association, or AWEA, recently issued a report showing that small wind (i.e., less than 101 kilowatts per unit) grew a remarkable 15 percent last year.