Advanced transmission technologies can help utilities meet the rising levels of demand that are stressing the grid, according to a report from the Massachusetts Institute of Technology’s Center for Energy and Environmental Policy Research.

FERC approved two incentives Pacific Gas and Electric requested to support work it will undertake with LS Power for four transmission projects included in CAISO’s 2021/22 transmission plan.

FERC approved four rate incentives to Mid-Atlantic Offshore Development to serve offshore wind in New Jersey under the State Agreement Approach with PJM. 

The New York Public Service Commission requested a rehearing of FERC’s December order granting a 50-basis-point RTO participation adder for the Propel NY Energy transmission project.

FERC approved LS Power’s request for rate incentives for the first competitive project surfacing from MISO’s long-range transmission plan.

FERC proposed changing transmission planning and cost allocation processes to help build out the grid in response to electrification and renewables.

FERC granted NextEra Energy Transmission Southwest’s request to recover all prudently incurred costs associated with an $85.2 million competitive project.

Without any financial incentives from the federal level, utilities are unlikely to make the huge investments needed to deploy grid-enhancing technologies.