Building New Transmission: The Changing Regulatory Landscape

February 27, 2014

A Panel Discussion presented by

IHS THE ENERGY DAILY and THE GIBSON DUNN ENERGY GROUP


The replay dial-in access information is as follows:
Toll Free – USA/ Canada:  888-203-1112
Confirmation Code: 151425780

Panel Discussion Handout [PDF]


Moderator:

George Lobsenz,
Executive Editor, The Energy Daily

Panelists:
Sharon K. Segner,
Vice President, LS Power Development

Antonio Smyth,
President, Transource Energy, a subsidiary of
AEP Transmission and Great Plains Energy

Dr. William R. Hollaway
,
Partner, Gibson Dunn


Our panelists discuss:

  • Introduction and Transmission Projects Developed and Under Development
  • Developing and Building New Transmission in Competitive RTO Markets for Rate-Based Transmission – PJM, CAISO, ERCOT
    • Experience with them
    • How effective is the new competitive process?
    • Changes needed
  • Developing Inter-Regional Transmission Projects
    • Differences between Merchant, Participant-Funded, and Rate-Based Projects
  • Incumbent Utility Joint Ventures
    • Need and benefits
  • Uncertainty over FERC Action on Returns on Equity (ROE) under Section 206
    • ISO-NE, MISO, others
    • Commissioners’ views
    • Impact on financing
  • State Utility Commission Issues and Approvals
    • Authority to operate as public utility, Certificates and Siting
    • Concerns over effect on jurisdiction and rate impacts
    • Incumbent utility exclusive franchise for construction
    • Ability to obtain right of eminent domain
  • Recommendations for Improvements in Process and Regulations
    • More opportunity for competition in rate-based transmission?
    • Clear rules for participation in competitive framework?
    • Stability in rate treatment