Feds Ease Bidding Rules For Planned Power Lines

Description:
Building transmission lines from remote, renewable-energy-rich areas may have become simpler in late February after the Federal Energy Regulatory Commission ruled that a transmission company may negotiate capacity rights on two proposed lines with a single buyer. Before the decision, FERC required power transmission companies to offer the entire capacity at the same price and for the same length of time in an open-bidding period called “open season.”

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