Utility Dive•21 days ago
Southeast, lower-cost PJM states offer model for affordable grid expansion
- •The vertically integrated utility model, as seen in the Southeast and lower-cost PJM states, is advocated as a successful approach for grid expansion and new generation development.
- •This model is credited with enabling the construction of new generation while protecting customers from significant rate increases, implying greater price stability for large power consumers.
- •Former FERC Commissioner Bernard McNamee's endorsement suggests a policy preference for integrated utilities as a means to achieve affordable and reliable power infrastructure.
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