Transmission Rates
The Senate Energy and Natural Resources Committee voted 15-4 to advance the Energy Permitting Reform Act of 2024 to the floor.
ACEG found the U.S. electricity industry added just 55 miles of new high-voltage transmission to the grid last year, despite estimates the system will need to expand rapidly in the near future.
The ongoing debate around Order 1920 and its pending rehearing requests continued at FERC’s monthly open meeting, a day after it came up at a House oversight hearing.
Talen Energy’s deal to carve out capacity from its Susquehanna Nuclear Plant to serve a growing data center on its site drew protests at FERC from other parties who argued the deal and others like it could shift costs and threaten reliability.
FERC approved two transmission incentives requested by Southern California Edison that would offset potential costs associated with building the Del Amo-Mesa-Serrano and Lugo-Victor-Kramer projects.
FERC Order 1920 could help move the bar significantly on more efficiently expanding the transmission grid, but its ultimate success depends on how it and other policies are implemented, stakeholders say.
FERC has received rehearing requests on Order 1920 ranging from stakeholders who just want to see a few tweaks, to those who prefer the commission trash the entire order and start over.
The states that filed for a rehearing of FERC Order 1920 on transmission planning and cost allocation either argue the federal regulator is overstepping its authority or want changes to the order to ensure it doesn’t upset ongoing regional planning efforts.
FERC requested stakeholder arguments on whether SEEM should be considered a loose power pool under Order 888.
FERC Commissioner Allison Clements said Order 1920 will make it easier for states to address the changes facing the industry.
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