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Volts
FERC's new rule and other exciting transmission news
May 24, 2024
Rob Gramlich, Expert in Grid Strategies, discusses FERC's new transmission planning rule, implications for clean energy goals, grid reliability, and consumer rates. Topics include 20-year plans, grid enhancing technologies, cost allocation dynamics, Infrastructure Investment and Jobs Act impacts, regulatory initiatives, future grid actions, and reevaluating stances on transmission infrastructure.
01:08:37
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Quick takeaways
- FERC's new rule mandates 20-year transmission plans with expanded benefits consideration for regional transmission operators.
- Transmission providers must showcase seven key benefits in plans to optimize cost allocation and project selection for consumers.
Deep dives
FERC's New Rule on Transmission Planning Encourages Longer-Term Planning and Consideration of a Range of Benefits
The final rule by FERC requires regional transmission system operators to develop 20-year plans and factor in a broader set of potential benefits from regional transmission. The rule aims to be a significant federal policy for transmission during Biden's term, filling the gap in legislative progress on transmission. This move towards longer-term planning acknowledges the critical role of the grid in meeting clean energy goals and enhancing reliability and cost efficiency for consumers.
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