Washington, D.C. (April 21, 2022) — Edison Electric Institute (EEI) Executive Vice President of the Business Operations Group and Regulatory Affairs Phil Moeller issued the following statement today on the Federal Energy Regulatory Commission’s (FERC’s) new notice of proposed rulemaking (NOPR).

“America’s investor-owned electric companies are leading a profound, long-term transformation in how electricity is generated, transmitted, and used. Electric transmission will play a key role in enabling this transformation to unfold in a way that allows electric companies to maintain reliability while minimizing cost impacts to customers as the generation mix continues to change.

“The NOPR issued by the Federal Energy Regulatory Commission today on transmission planning and cost allocation is an important step forward in recognizing these changes in the generation mix. Importantly, the NOPR supports long-term planning on a forward-looking basis while taking into account changes in the resource mix and in electricity demand. The NOPR also recognizes the important role that investor-owned electric companies play in developing transmission by revisiting the decision in Order No. 1000 to eliminate the federal right of first refusal for projects selected for regional cost allocation. EEI thanks the Commission, and we look forward to reviewing the NOPR and to continuing to work with them on these important issues related to transmission planning and cost allocation.”