Research Project Summary Information
Commercial and Regulatory Models for Non-Utility Transmission Infrastructure(ST11060-1)
SMRT Line, LLC
Downstate New York is in need of new sources of power due to steady load growth, regional transmission constraints, and few options for new generation. A detailed mapping of the wind resources for New York State clearly shows significant offshore potential. Interconnecting offshore wind resources to the constrained distribution network in the NYC metropolitan region represents a substantive challenge.
SMRT Line’s proposed study will address the commercial and regulatory complexities and create a framework for developing new transmission assets in downstate New York. First, it will study commercial factors impacting the development of nonutility transmission assets, particularly with respect to downstate New York. This will include an economic literature review, a catalogue of recently-developed non-utility transmission assets, an analytic survey and comparison of the commercial contracts that have been used in the development of non-utility transmission assets, and a rudimentary comparison of the risks and benefits of regulatory treatment compared with merchant status.
Second, SMRT Line will study the regulatory constraints facing the development of new non-utility transmission assets in downstate New York. SMRT Line will identify all regulatory bodies having jurisdiction over the development and/or operations of a new non-utility transmission asset in downstate New York and discuss the balance of power between State and federal jurisdictions. It will explore transactional regulation, particularly in regard to what forms of commercial contracts are allowable. Additionally, it will examine operational regulation from the perspective of the System operator, including a summary of the options regarding intertie agreements between NYISO and PJM, as well as the deliverability of power into each market.
Finally, based on findings from each of these two studies, SMRT Line wi
This study will provide an updated compilation of data as well as tangible recommendations and a practical framework for investment in new infrastructure that will effectively upgrade the electric power delivery system to meet growing demand and promote open access to new generation sources, such as offshore wind.
SMRT Line, LLC
36-42 Newark Street, Suite 402
Hoboken, NJ 07030
Electric Power Delivery
NYSERDA Contact Information
R&D - Energy Mkts & Pwr Del