FERC Transmission Reform: A New Year's Resolution?
Ari Peskoe, director of Harvard Law School’s Electricity Law Initiative, discusses FERC’s pending reforms to the electric transmission development process in the U.S., and legal challenges they'll likely face.
Description
Nearly two years ago, the U.S. Federal Energy Regulatory Commission proposed a set of regulatory reforms to speed a much-needed expansion of the nation’s network of long distance electric transmission lines. FERC’s final rules, which are likely to arrive this year, are expected to substantially update the framework under which transmission lines are planned and paid for, and pave the way for the growth of clean energy. Yet FERC’s reforms come at a time when the future of the electric grid has become the focus of fierce partisan debate, and legal challenges to FERC’s proposed rules are expected.
Ari Peskoe, director of Harvard Law School’s Electricity Law Initiative, explores the need for a rapid expansion of the nation’s transmission infrastructure, and why the industry’s existing framework for transmission development has not been able to deliver the necessary pace of development. He discusses FERC’s proposed rules to govern transmission planning and the sharing of transmission costs, and how a final order might endure expected legal challenges.
Ari Peskoe is director of Harvard Law School’s Electricity Law Initiative.
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