Senate Bill Challenges FERC Authority, Expanding Permitting Power
What happened
The Senate permitting reform bill (SB 5653) challenges the Federal Energy Regulatory Commission's regulatory authority and expands its permitting power. explains that the Federal Power Act previously divided authority, giving states control over siting and permitting of physical assets, while FERC managed rates for interstate transmission and wholesale power sales. The new legislation alters this century-old division of authority.
From utilitydive.com
Why it matters
The legislation aims to speed up needed infrastructure construction. notes that while some provisions seek to ensure large-load customers pay the full costs they impose on the grid, the bill's transmission provisions challenge the established division of state and federal authority over the power grid.
From utilitydive.com
Who's involved
- Federal Energy Regulatory CommissionIndependent agency whose regulatory authority is being challenged by the Senate.
- senateLegislative body introducing the bill that expands FERC's permitting power.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- ExelonSpeculative
Exelon might see streamlined permitting and construction of large-load utility assets, potentially affecting revenue.
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The entities involved
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Federal Energy Regulatory Commission
independent agency of the United States federal government
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senate
type of legislative body, often the upper house or chamber of a bicameral legislature