Utility Dive•3 days ago
More interregional transmission could save consumers billions: study
Key Takeaway
While interregional transmission offers substantial cost savings for consumers, its development faces significant opposition from incumbent generators whose revenues would be negatively impacted, creating a critical policy and market hurdle.
AI Summary
- •A study suggests increased interregional transmission could save consumers billions of dollars.
- •East Coast generators are projected to experience reduced revenues, creating a strong incentive for them to oppose new transmission line development.
- •The findings highlight a significant conflict between consumer benefits from transmission expansion and the financial interests of incumbent generators, posing a challenge for policy makers and project developers.
Topics
capacity-marketfercinterconnectpolicytransmission