FERC announces policy for allocation of capacity on new merchant transmission projects

FERC has issued a policy statement to “clarify and refine” its policies governing the allocation of capacity for two types of transmission projects: new merchant transmission projects and new non-incumbent, cost-based, participant-funded transmission projects. The policy statement, which applies to project filings submitted on or after January 17, 2013, is intended to provide more flexibility in the capacity allocation process for customers and transmission project developers, subject to protections against unduly discriminatory or preferential conduct.

Link: http://ehoganlovells.com/cv/3f17349d27b84145d0ed90a4b9daec961b735e7b

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