Cases & Deals

Northeast Transmission Development petitions FERC for approval of transmission formula rate and transmission rate incentives

Client(s) Northeast Transmission Development, LLC

Jones Day represents Northeast Transmission Development LLC (NTD), an affiliate of LS Power, in a proceeding before the Federal Energy Regulatory Commission for approval of a transmission formula rate and transmission rate incentives for NTD's investment in the Artificial Island Project, a transmission project designed to improve system stability and reliability in the PJM region. NTD is a competitive transmission developer that was selected by PJM to develop, construct and maintain the Artificial Island Project in a competitive solicitation process conducted by PJM.