Utility Dive•about 2 months ago
The need for speed: FERC must exempt transmission projects from regulatory bottlenecks
Key Takeaway
FERC's current regulatory framework, particularly Order 1000, is seen as an impediment to cost-effective transmission development, driving up customer costs and highlighting the urgent need for regulatory streamlining.
AI Summary
- •FERC Order 1000 is criticized for failing to deliver promised cost savings, instead driving higher costs for customers.
- •The article advocates for FERC to exempt transmission projects from current regulatory bottlenecks to accelerate development.
- •Existing regulatory processes are seen as hindering efficient and affordable transmission expansion, impacting project timelines and energy costs for developers and large power consumers.
Topics
fercinterconnectpolicytransmission