FERC Grants Investment Incentives To New Projects

Law360, New York (November 16, 2007, 12:00 AM EST) -- Casting its decisions as efforts to improve the interstate energy transmission system's reliability and efficiency, the U.S. Federal Energy Regulatory Commission has approved two utilities' requests for investment incentives to expand their existing infrastructures.

On Wednesday, FERC granted Southern California Edison and Baltimore Gas and Electric Co.'s applications to grant several proposed investments incentive rate treatment.

The orders clarified how FERC defines and will continue to define reliability and efficiency under a rule that permits it to grant investment incentives for proposed facilities that demonstrate they...
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