Utility Dive•5 months ago
Power plants in SPP can expand up to 20% under new FERC-approved fast-track review
- •FERC has approved a new fast-track review process allowing power plants in the SPP region to expand capacity by up to 20%.
- •Developers must demonstrate secured financing and equipment, and commit to bringing the expanded capacity online within five years.
- •This regulatory change provides a streamlined pathway for existing generators to add capacity, potentially impacting regional supply and project timelines for developers.
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