Full Title: FERC Proposes Major Reforms and Commences a Multi-Pronged Approach to Tackle Transmission Planning and Cost Allocation
Author(s): John Decker, Andrew DeVore
Publisher(s): Vinson & Elkins
Publication Date: April 26, 2022
Full Text: Download Resource
Description (excerpt):
On April 21, 2022, the Federal Energy Regulatory Commission (“FERC” or “Commission”) issued a Notice of Proposed Rulemaking (“NOPR”) aimed at reforming long-term regional transmission planning. The NOPR builds on FERC’s advanced notice of proposed rulemaking (“ANOPR”) issued in July of last year. The NOPR proposes changes requiring transmission providers to conduct regional transmission planning on a long-term, forward-looking basis to meet transmission needs driven by changes in the resource mix and demand, and requiring each transmission provider to seek the agreement of relevant state entities within the transmission planning region regarding the cost allocation for transmission facilities selected as part of long-term regional transmission planning.