ISO New England on Monday asked federal regulators to approve a plan that aims to provide increased oversight of “asset condition” transmission projects, a class of projects that are chosen and built by transmission owners mainly to replace aging infrastructure.

Under the proposal — unanimously approved by ISO-NE’s stakeholders — the grid operator would review and report on planned asset condition projects, partly to ensure that they are needed and cost-effective. ISO-NE’s role would be advisory; it would have no decision-making authority over the projects, but its findings could give stakeholders ammunition to challenge cost recovery later.

Read more in Utility Dive here.

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