FERCNotice
Building for the Future Through Electric Regional Transmission Planning and Cost Allocation; Order No. 1920
OtherEnergy
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Summary
This notice announces FERC Order No. 1920, which requires transmission providers to engage in long-term regional transmission planning on at least a 20-year forward-looking basis. The order addresses the need for significant new transmission infrastructure to accommodate the changing resource mix, increasing electrification, and growing demand while maintaining reliability and managing costs for consumers.
Key Points
- 1Requires long-term regional transmission planning with a minimum 20-year planning horizon
- 2Mandates that planners evaluate at least seven categories of transmission benefits
- 3Establishes a six-step cost allocation framework for regional transmission facilities
- 4Requires that plans account for changes in generation, load, and extreme weather scenarios
- 5Transmission providers must file compliance plans within 10 months of the effective date
Key Dates
Published
June 3, 2024
This summary is for informational purposes only. It may not capture all nuances of the regulation. Always refer to the official text for authoritative information.
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