Competition for Transmission Construction
A recent story published at thehill.com highlights growing demand for electric transmission projects and The Federal Energy Regulatory Commission’s (FERC) recent adoption of Order 1000. The order will inject competition (for the first time in some instances) to the process of building much needed electric transmission capacity. The changes are fueled by the knowledge that building new capacity is the fastest growing cost on ratepayers’ electricity bills. FERC sees competition as a means to construct the much-needed transmission projects cost-effectively; a point of view that has been shaped by experience. The story features the CREZ project in Texas as a prime success story. Take a look at the complete story for more insight.