regulators on Monday approved two final rules aimed at updating transmission regulations for grid planners and settling disputes over who should pay for them — two key priorities for delivering on theon regional transmission planning and cost allocation, marking the first time in more than a decade that the commission has updated those rules.
The rule also requires transmission owners to submit two different cost allocation plans for states and companies as they look to build out regional transmission lines. The rule comes as the Biden administration races to deliver on its carbon-free goals for the power sector. Despite the many incentives for commercial-scale renewable energy projects included in the 2022 Inflation Reduction Act, the government has struggled to bring these projects online due to a massive backlog in grid interconnection.to research from the Berkeley National Laboratory — a 30% jump from the previous year and twice the total installed capacity of existing power plants.
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