FERC-NARUC Task Force Will Tackle Transmission Issues
The post FERC-NARUC Task Force Will Tackle Transmission Issues appeared first on POWER Magazine.
Two groups concerned with issues regarding the regulation and production of U.S. electricity have announced formation of a joint federal-state task force on power transmission, an effort to better identify the costs and benefits associated with electric power projects, and support the buildout of renewable energy resources.
The Federal Energy Regulatory Commission (FERC), an independent agency that regulates the interstate transmission of energy, and the National Association of Regulatory Utility Commissioners (NARUC) on June 17 said the Joint Federal-State Task Force on Electric Transmission “will explore transmission-related issues to identify and realize the benefits that transmission can provide, while ensuring that the costs are allocated efficiently and fairly””
The initiative, established by a FERC order on Thursday, said the groups would work together on “efficient development of new transmission infrastructure,” which is seen as “essential as the nation continues to transition to clean energy resources.”
“It is increasingly clear that interstate transmission will play a critical role in the transition to the clean energy future,” said FERC Chair Richard Glick in a Twitter post announcing the task force.…