The Federal Energy Regulatory Commission on Sept. 14 accepted a June 3 application from Ringer Hill Wind LLC for market-based rate authority for a Pennsylvania wind farm project.
Said the FERC letter: “You state that Ringer Hill is constructing and will own and operate a 39.9 megawatt (MW) generation facility located in Somerset County, Pennsylvania. You add that Ringer Hill is a direct wholly owned subsidiary of NJR Clean Energy Ventures II Corporation, and Ringer Hill is affiliated with other entities that own generation facilities in the PJM market. You state that Ringer Hill and its affiliates only own, operate, or control limited interconnection facilities that qualify for the blanket OATT waiver under 18 C.F.R. § 35.28(d)(2).Therefore, Ringer Hill and its affiliates have mitigated any transmission market power. Further, you affirmatively state that Ringer Hill and its affiliates have not erected barriers to entry and will not erect barriers to entry into the relevant market.”
The application said the facility is expected to commence commercial operations in late 2016. It will be comprised of 14 wind turbine generators and associated facilities, including facilities necessary to interconnect to the transmission system owned by Pennsylvania Electric and operated by PJM Interconnection.
NJR Clean Energy Ventures II is a direct, wholly-owned subsidiary of NJR Clean Energy Ventures Corp., which is part of New Jersey Resources Corp., a publicly traded Fortune 1000 company.