A long-running New York-area transmission dispute ended Friday with the D.C. Circuit siding with the Federal Energy Regulatory Commission and rejecting a challenge by two New York-based utilities.
FERC’s reasoning behind a 2018 settlement that aimed to fairly allocate the costs of new high-voltage transmission was just and reasonable, the U.S. Court of Appeals for the District of Columbia Circuit wrote.
The commission, responding to a series of judicial rulings, had crafted a cost formula that properly accounted for both regional and local benefits of transmission development, the court found.
“We uphold all these findings, which is more than ...