U.S. Department of Energy statistics or major utility company reports

FERC Finalizes Rules to Overhaul U.S. Electric Grid, Boosts Renewable Energy

May 13, 2024, 06:20 PM

U.S. regulators, led by the Federal Energy Regulatory Commission (FERC), have finalized new rules aimed at overhauling the nation's electric transmission system. These reforms are designed to accelerate the planning, permitting, and construction processes necessary for enhancing the grid infrastructure. This initiative is expected to facilitate the transition to renewable energy sources, such as wind and solar, by improving the grid's capacity to handle increased generation from these sources. The changes are anticipated to lead to more reliable electricity supply, lower consumer costs, and are seen as a critical step towards achieving broader climate goals.