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Federal Agency Issues New Rule to Overhaul Planning and Financing of Electric Grid

May 15, 2024 |

Credit: Image by Andrew Martin from Pixabay

A divided Federal Energy Regulatory Commission on Monday (5/13) issued a long-awaited overhaul of how regional electric transmission lines are planned and paid for, a move cheered by clean power groups but blasted by a conservative commissioner who said it was driven by “special interests” and exceeds the commission’s authority.

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NJ SEED: Planning for future demand and reliability are essential for the PJM Grid, the nation’s largest. Both economic and life style considerations need to be included in long range planning. The new FERC rule is intended to guide states in that direction.

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