PG&E To Recover $8M For Failed 3,000-MW Line

Law360, New York (May 2, 2012, 5:35 PM EDT) -- A Federal Energy Regulatory Commission judge on Tuesday asked the commission to approve a settlement allowing the Pacific Gas & Electric Co. to recover $8.4 million in costs for a canceled project to transport up to 3,000 megawatts of renewable energy from Canada to California.

FERC settlement Judge Michael J. Cianci Jr. said PG&E’s March 30 agreement had adequately resolved the controversy over its proposed recovery, after the Transmission Agency of Northern California argued that the public utility had not adequately met FERC’s requirements to recover...
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