ACP Statement on FERC Regional Transmission Planning and Cost Allocation Rule (Order No. 1920)

WASHINGTON DC, May 13, 2024 — The American Clean Power Association (ACP) released the following statement from ACP Vice President of Markets & Transmission Carrie Zalewski after the Federal Energy Regulatory Commission (FERC) announced its final rule on regional transmission planning and cost allocation, Order No. 1920:

“Today’s announcement is an important step in building out America’s electric grid for a clean, affordable, and reliable energy future. We commend all those at FERC who have helped reach this important milestone in the development of the transmission infrastructure our nation needs—but it cannot be the finish line.

“FERC has acknowledged the multiple benefits that transmission provides and has set out a process to ensure that all beneficiaries help to fund projects that reduce customer rates and keep the lights on. If implemented effectively, this will lead to much-needed expansion in transmission capacity on the U.S. grid. At the same time, there are also areas in the rule to build upon, especially with regard to the integration of new resources and enabling more transmission between regions.

“With demand for electricity growing, extreme weather becoming more common, and America’s power grid getting older and struggling to keep pace with the need for transmission expansion, the time to act is now.”