William Catacosinos has resigned as chairman of MarketSpan Corp., the utility formed to replace the troubled Long Island Lighting Co. Catacosinos is under investigation by...
time with interconnection.
As EPSA explained, "This option is necessary in order to allow a merchant generator to assure ... its potential 'tolling arrangement' or 'off-take agreement' partners that its output will in fact be deliverable to a given point ... without requiring it or its future customers to prematurely reserve and pay for firm transmission service that they may never need.
"To insure that the generator does not 'lose' the very network capacity that it was told existed at the time of its interconnection study, the generator should be given the right to reserve such transmission capacity ... at the time of any subsequent request for transmission service by a third party."
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