Last May, the Federal Energy Regulatory Commission (FERC) granted the developer authority to negotiate rates for the 750-mile-long merchant project under a policy statement it issued in January 2013.
Clean Line estimates the 600kV overhead high-voltage direct current transmission line will enable private investors to build $7bn of renewable energy projects. Wind and solar generators, and load-serving entities that purchase transmission capacity on the line, will pay for its construction.
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