NYISO Adds Transmission Project Cost Containment to its Tariff
- Jan 17, 2020 6:32 pm GMT
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On December 17, 2019, in ER20-617, the NYISO proposed changes to its public policy transmission process to establish provisions for cost containment of transmission projects proposed by developers. As detailed in its filing, the NYISO’s proposed revisions will establish: (A) the cost containment mechanisms that a Developer may voluntarily include as part of a proposed Public Policy Transmission Project in the Public Policy Process; (B) how the NYISO will evaluate in a quantitative and qualitative manner cost containment commitments made by Developers to select the more efficient or cost effective transmission solution to a Public Policy Transmission Need; (C) the manner in which cost containment commitments will be implemented as part of the rate recovery for a selected transmission project; (D) the requirements to include any cost containment commitment in the pro forma Development Agreement that must be entered into between the NYISO and the Developer of the selected project; and (E) additional, related tariff revisions.