This article, from law firm Troutman Sanders, provides a little insight as to how utilities decide on a return on investment. At FERC’s monthly meeting in June, the Commission tentatively set the base return on equity (“ROE”) in ISO New England Inc.’s (“ISO-NE”) Open Access Transmission Tariff (“OATT”) at 10.57%. During the process, FERC announced…
NERC releases annual “Long-Term Reliability Assessment”
This report summary is provided by Troutman Sanders LLP The North American Electric Reliability Corporation (“NERC”) recently released its annual Long-Term Reliability Assessment, which considers current and anticipated issues in electric reliability for the next decade. NERC explains that it evaluates certain “key reliability indicators,” including: peak demand, energy forecasts, resource adequacy, transmission development, changes in…
IRS announces inflation adjustment for Production Tax Credits
The following article comes from law firm Troutman Sanders and is authored by Craig M. Kline and David B. Weisblat The Internal Revenue Service has released the adjustment factors and reference prices for 2013 to be used in determining the availability of the section 45 credits for the production of renewable energy and the production…