[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[S. 1748 Introduced in Senate (IS)]
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118th CONGRESS
1st Session
S. 1748
To require the Federal Energy Regulatory Commission to reform the
interregional transmission planning process, and for other purposes.
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IN THE SENATE OF THE UNITED STATES
May 18, 2023
Mr. Heinrich introduced the following bill; which was read twice and
referred to the Committee on Energy and Natural Resources
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A BILL
To require the Federal Energy Regulatory Commission to reform the
interregional transmission planning process, and for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Interregional Transmission Planning
Improvement Act of 2023''.
SEC. 2. INCREASING EFFECTIVENESS OF INTERREGIONAL TRANSMISSION
PLANNING.
(a) In General.--The Federal Energy Regulatory Commission (referred
to in this section as the ``Commission'') shall ensure--
(1) the effectiveness of existing planning processes for
identifying interregional transmission projects that provide
economic, reliability, and operational benefits, taking into
consideration the public interest, the integrity of markets,
and the protection of consumers;
(2) any changes to the processes described in paragraph (1)
promote efficient, cost-effective, and broadly beneficial
interregional transmission solutions that are selected for cost
allocation--
(A) taking into consideration--
(i) the public interest;
(ii) the integrity of markets;
(iii) the protection of consumers;
(iv) the broad range of economic,
reliability, and operational benefits;
(v) the need for single projects to secure
approvals based on a comprehensive assessment
of the multiple benefits provided;
(vi) that projects that meet interregional
benefit criteria should not be subject to
subsequent reassessment by transmission
planning authorities;
(vii) the importance of synchronization of
planning processes in neighboring regions, such
as using a joint model on a consistent timeline
with a single set of needs, input assumptions,
and benefit metrics;
(viii) that evaluation of long-term
scenarios should align with the expected life
of a transmission asset to be not less than 20
years;
(ix) that transmission planning authorities
should allow for the identification and joint
evaluation of alternatives proposed by
stakeholders;
(x) that interregional planning should be
done regularly and not less frequently than
once every 2 years; and
(xi) the elimination of arbitrary project
voltage, size, or cost requirements for
interregional solutions; and
(B) regardless of the regulatory or business model
of the entity developing the transmission project; and
(3) the use of cost allocation methodologies that--
(A) reflect the multiple benefits provided by
interregional transmission solutions, including
economic, reliability, resiliency, operational
benefits; and
(B) assign costs broadly to customers based on the
multiple benefits described in subparagraph (A)
received by customers.
(b) Recovery of Costs.--The Commission shall allow a transmission
developer of an interregional transmission project that meets the
criteria described in subsection (a)(2)(A) to submit to the Commission
a request to recover the cost of the project if the transmission
developer demonstrates to the satisfaction of the Commission that--
(1) the project connects more than 1 planning region;
(2) no interregional plan that meets the criteria described
in subsection (a)(2)(A) has been adopted by the connected
planning regions; and
(3) the benefits of the project outweigh the costs of the
project.
(c) Rulemaking.--Not later than 18 months after the date of
enactment of this Act, the Commission shall promulgate a final rule to
implement this section.
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