US power grid upgrades get clearer rules for planning and cost sharing
What happened
US energy regulators clarified rules for how new regional power lines get planned and paid for. This means companies building these lines now have a clearer process for sharing costs across different regions.
Why it matters
Building new power lines in the US has been slow and expensive, often because of arguments over who pays for them. This rule makes the process for planning and sharing costs for these lines more predictable. It aims to speed up the construction of a more robust national grid, especially for connecting new power sources.
The signal
Watch whether the number of new regional transmission projects approved and started increases in the next two years, or if cost allocation disputes continue to delay them.