Major news from the Federal Energy Regulatory Commission today! The long-awaited "Grid Expansion Rule" will help ensure our power system can withstand the impacts of severe weather and meet record high energy demand. Learn more from FERC ➡ https://lnkd.in/e6pUYjzE And don't miss this great ACEG webinar where experts will break down the rule and what it means ➡ https://lnkd.in/eJXfzCD5
Today, the Federal Energy Regulatory Commission finalized its regional planning and cost allocation rule, which was under consideration for nearly two years. Americans for a Clean Energy Grid (ACEG) Executive Director Christina Hayes issued the following statement: "Americans for a Clean Energy Grid applauds the Federal Energy Regulatory Commission for finalizing a strong and comprehensive regional planning and cost allocation rule. Today’s rule will help ensure that transmission is planned in a proactive and comprehensive way that accounts for the economic and reliability benefits of a well-connected grid. This is key step in the long journey to developing a modern grid, and will have major impacts on lowering customers’ costs, driving economic development, and bolstering grid reliability. “Now, it’s time to implement this rule. Regions must develop their compliance filings over the next few months so that transmission can be planned and developed as soon as practicable. We look forward to working with and supporting the interested parties as they move forward with the next steps in compliance and build out the 21st century grid.” https://lnkd.in/eXxmAMiX
Founder, Climate Finance Action
9moDaria Mark Nathan Phillips