The legislation mandates the Federal Energy Regulatory Commission (FERC) to reform the interconnection queue process for electric power projects.
It defines key terms such as “dispatchable power,” “grid reliability,” “grid resilience,” and “resource adequacy.”
FERC is required to initiate a rulemaking within 90 days of enactment to address inefficiencies in processing interconnection requests.
The rulemaking aims to prioritize new dispatchable power projects that enhance grid reliability and resource adequacy.
Transmission providers can propose adjustments to the interconnection queue to prioritize these projects.
Proposals must demonstrate the need for prioritization and explain how it will improve grid reliability or resilience.
A public comment and stakeholder engagement process is required before proposals are submitted to FERC.
FERC must review and approve or deny proposals within 60 days to ensure timely responses to grid reliability issues.
Final regulations must be issued within 180 days of enactment.
FERC is tasked with reviewing and updating the regulations every five years to maintain their effectiveness in addressing evolving challenges related to grid reliability and resilience.
