Sec. 1006. Rulemaking to increase the effectiveness of interregional transmission planning
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Not later than 180 days after the date of enactment of this Act, the Federal Energy Regulatory Commission shall initiate a rulemaking addressing— the effectiveness of existing planning processes for identifying interregional transmission projects that provide economic, reliability and operational benefits, taking into consideration the public interest, the integrity of markets, and the protection of consumers; changes to the processes described in paragraph
(1)to ensure that efficient, cost-effective, and broadly beneficial interregional transmission solutions are selected for cost allocation, taking into consideration— the public interest; the protection of consumers; the broad range of economic, reliability, and operational benefits that interregional transmission provides; the needs of load-serving entities to satisfy their native load service obligations; the need for single projects to secure approvals based on a comprehensive assessment of the multiple benefits provided; the importance of synchronization of planning processes in neighboring regions, such as using a joint model on a consistent timeline with a single set of needs, input assumptions, and benefit metrics; that evaluation of long-term scenarios should consider the expected life of a transmission asset and the potential for future changes in the topology of the transmission system; that transmission planning authorities should allow for the identification and joint evaluation of alternatives; and that interregional planning should be done regularly and not less frequently than once every 5 years; and cost allocation methodologies that reflect the multiple benefits provided by interregional transmission solutions, including economic, reliability, and operational benefits. Not later than 18 months after the date of enactment of this Act, the Federal Energy Regulatory Commission shall promulgate a final rule to complete the rulemaking initiated under subsection (a). Nothing in this section modifies the obligations of the Commission under section 217(b)(4) of the Federal Power Act ( 16 U.S.C. 824q(b)(4) ).
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Sec. 1006
Rulemaking to increase the effectiveness of interregional transmission planning
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