Law360, New York ( February 27, 2013, 12:45 PM EST) -- On Jan. 17, the Federal Energy Regulatory Commission issued a policy statement providing guidance on the allocation of capacity for new merchant transmission projects and new nonincumbent, cost-based, participant-funded transmission projects.[1] Here, we focus on the new rules that will apply to development of merchant transmission projects. In sum, these rules should help promote additional transmission development, which is a clear goal of FERC....
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