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EIA data forecasts that U.S. wind capacity added this year should total 12.7 GW, by far the best since 2012's record of 13.3 GW. That was the year the production tax credit (PTC) was originally supposed to phase out, although it was extended.
SPP is calling on interested utilities and other customers to join in the design and implementation of a market that will meet the electricity needs of the Western Interconnection
"Contributing to the reliability and security of the North American bulk power system is a major motivation in providing "psychic compensation." That is, the reward that comes from doing work that makes a difference in the world.
The Western United States is reorganizing the way it runs its grids
If the settlement is approved by Federal Energy Regulatory Commission, Columbus, Ohio-based AEP would set a base ROE of 9.85 percent (10.35 percent once an adder is included for regional transmission organization membership) on projects beginning this year. The settlement would affect AEP operating entities in Indiana, Kentucky, Michigan, Ohio, Virginia and West Virginia.
This will allow those entities ranging from smart grid to fossil fuel and renewable industry associations to respond to the reports filed by Regional Transmission Organizations and Independent System Operators (RTO/ISO) on March 9.