Reactive power revenue filing support
DNV provides expert support for generation owners filing reactive revenue rates with the Federal Energy Regulatory Commission (FERC)
Reactive power is vital for maintaining system voltages within acceptable limits. But producing and absorbing this reactive power requires the capabilities of a number of generating resources connected to transmission systems. Resource owners who provide this service can claim compensation by filing a reactive revenue rate with FERC. Successful filing ensures that the facility receives a steady monthly compensation revenue, so it is important to ensure the technical details are correct.
Moreover, with increasing renewables connections to the grid, owners wishing to offer reactive power capabilities need to act now. In the future, greater availability of suitable facilities may lead to lower levels of compensation.
Full range of support
If you are the owner of wind, solar or conventional generation resources, DNV can help you through the technical and regulatory details of reactive revenue rate filing. Our experienced team can assist with the technical analysis required to develop your annual revenue requirement. We can also provide expert witness testimony to support your filing.