2024-10872 · Final rule
Building for the Future Through Electric Regional Transmission Planning and Cost Allocation
- Jurisdiction
- Federal
- Current status
- Final Rule
- Issuing body / sponsor
- Energy Department
Verify the effective date, covered entities, and operative text.
Latest action
Final order.
Jun 11, 2024
Subject areas
Policy mechanisms
Tracker tags, not legal conclusions.
Quick summary
The Federal Energy Regulatory Commission (Commission) revises the pro forma Open Access Transmission Tariff (OATT) to remedy deficiencies in the Commission's existing regional and local transmission planning and cost allocation requirements. In this final order, the Commission requires transmission providers to conduct Long- Term Regional Transmission Planning that will ensure the identification, evaluation, and selection, as well as the allocation of the costs, of more efficient or cost-effective regional transmission solutions to address Long-Term Transmission Needs.…
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The Federal Energy Regulatory Commission (Commission) revises the pro forma Open Access Transmission Tariff (OATT) to remedy deficiencies in the Commission's existing regional and local transmission planning and cost allocation requirements. In this final order, the Commission requires transmission providers to conduct Long- Term Regional Transmission Planning that will ensure the identification, evaluation, and selection, as well as the allocation of the costs, of more efficient or cost-effective regional transmission solutions to address Long-Term Transmission Needs. The Commission also directs other reforms to improve coordination of regional transmission planning and generator interconnection processes, require consideration of certain alternative transmission technologies in regional transmission planning processes, and improve transparency of local transmission planning processes and coordination between regional and local transmission planning processes. These reforms are intended to ensure that existing regional and local transmission planning and cost allocation requirements are just, reasonable, and not unduly discriminatory or preferential.
Source-provided or tracker summary; not operative legal text.
Linked record: federalregister.gov. Inspect the source before relying on the tracker’s interpretation.