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FERC Finalizes Rules to Overhaul U.S. Electric Transmission System on May 13

May 13, 2024, 10:00 PM

The Federal Energy Regulatory Commission (FERC) has finalized new rules on May 13 to overhaul the U.S. electric transmission system. These reforms aim to expedite the planning, permitting, and construction of the grid to support the transition to renewable energy and meet increasing electricity demand. The new rules are expected to boost the generation of wind and solar power, particularly in regions like Texas. By limiting states' authority to block long-distance power lines, the regulations will facilitate the integration of remote renewable energy sources. This move is part of a broader effort to decrease energy costs, enhance reliability, and address energy security. The changes are also aligned with President Biden's goal to eliminate carbon emissions economy-wide by 2050. The announcement comes as electricity demand from data centers surges, with AEP Ohio mandating increased power output.