Utility Dive•4 months ago
Why the SPEED Act may slow down after passing the House
- •The SPEED Act, designed to reform energy infrastructure permitting, faces significant political headwinds in January due to an expiring government funding deal and impending midterms.
- •Despite the political complications, there is an acknowledged and growing urgency among industry observers for comprehensive energy infrastructure permitting reform.
- •The potential slowdown or delay of the SPEED Act's advancement could prolong existing permitting bottlenecks, impacting project timelines and increasing development costs for developers and large power consumers.
transmission