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FERC incentive policy update - CTC Global

CTC Global filed its comments to the FERC Transmission Incentive Rulemaking (FERC RM20-10) on June 29th. To know more visit >> https://bit.ly/2ZHf5eR

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FERC incentive policy update - CTC Global

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  1. FERC Incentive Policy Update www.ctcglobal.com July  2020

  2. Introduction CTC Global is an ACCC conductor manufacturing company that was founded to develop, certify and deploy advanced technologies to improve the efficiency, capacity, reliability and resiliency of the electric power grid. Our primary product is high-capacity, low-sag CTC Global ACCC Conductor solutions. www.ctcglobal.com

  3. History Federal Energy Regulatory Commission (FERC) On March 19th, FERC proposed to revise its electric transmission incentive policy to stimulate the development of transmission infrastructure needed to support the nation’s evolving generation resource mix, technological innovation and shifts in load patterns.  www.ctcglobal.com

  4. What was the proposal? • Among the proposed reforms, one was particularly important to CTC Global’s Utility customers in the US: Offer a 100-basis-point incentive for transmission technologies that enhance reliability, efficiency and capacity as well as improve the operation of new or existing transmission facilities.  • CTC Global comments to FERC highlight the error of overly restricting the range of technologies eligible for the incentive and offer two specific recommendations: www.ctcglobal.com

  5. The Commission should advise transmission planners that when evaluating a transmission project’s benefit-cost ratio for incentive qualifications they should consider additional benefits beyond capacity and reliability, notably: improvements in transmission system efficiency that result in reduced transmission line losses, reduced air and water emissions from reduced generation requirements, and reduced generation capacity required to reliably serve electric load. www.ctcglobal.com

  6. If FERC agrees that a broader view of eligible transmission technologies for this special advanced technology incentive is warranted, including eligibility for projects using ACCC Conductor, then more customers may get the benefit of transmission projects using ACCC Conductor that increase reliability, capacity, and efficiency resulting in cleaner air and water, and lower electricity costs. www.ctcglobal.com

  7. Conclusion  • CTC Global filed its comments to the FERC Transmission Incentive Rulemaking (FERC RM20-10) on June 29th. We expect to hear back from FERC in a proposed Rule sometime late Q3 or Q4 of this year. www.ctcglobal.com

  8. Contact Us  Website:www.ctcglobal.com Phone: +1 949 428 8500 Fax: +1 949 428 8515 Email: info@ctcglobal.com Thank You

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