BRILLIANTLY written! :) Heres what the majority of our elected officials missed: Petitioner Rock Island Clean Line LLC (RI) presents a DC line concept appealingly packaged as pro-market and pro-renewable energy. Ambitiously labeled the Project, it is currently more akin to a business plan. It is incompletely designed, funded, and studied. Its success depends on highly speculative future developments and conditions, and RI does not begin to have the funds to construct it. This proposal does not qualify RI as an Illinois utility. Nor is such a plan entitled to a Certificate of Public Convenience and Necessity (CPCN), the states final regulatory approval for a major utility asset proven to meet a public need at least cost. Given its many uncertainties and the lack of commitment that RI will actually build it, there is also no basis for the Commission to grant RI an order under Section 8-503 of the Public Utilities Act (PUA) declaring the Project necessary and directing its construction. Based on the record, the Commission must dismiss the Petition in its entirety without prejudice. p. 3 ComED Initial Brief to the Illinois Commerce Commission
Posted on: Sat, 08 Feb 2014 19:21:58 +0000
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