THE DEBATE - Meeting Clean Energy Goals Will Require the Grid of the Future

FORUM -- November-December 2023.indd THE DEBATE Meeting Clean Energy Goals Will Require the Grid of the Future The transmission grid is the critical super- associated with transmission grid expansion. [...] the grid balance the needs of the regional power Grid modernization will require the Federal markets and states? How will the costs of expand- Energy Regulatory Commission, which oversees ing transmission be allocated in a manner that is the interstate transmission of electricity, to take cost eff ective and fair? As the transmission grid a leadership role in coordinating with industry in- faces m. [...] Now, DOE and FERC should work director of the Financing and Achiev- In May, Congress passed the debt to operationalize the NIETC frame- ing Cost Competitive Climate Solu- ceiling bill, which included per- work to deliver high-value interre- tions project at the Atlantic Council mitting provisions to shorten the gional transmission lines at the pace Global Energy Center. [...] vortices and heat domes, it has been ments that will prepare the transmis- Whether the builder of transmission the movement of large volumes of sion grid to handle a clean energy is a utility, independent developer, power, often over 10 gigawatts, from future, we also understand how im- or combinations of different types one region to the next that has kept portant it is to do it in the right way. [...] Further reforms are it comes to what drives power indus- example, one of the biggest barriers hamstrung by the lack of grid con- try decarbonization, the mundane is to renewable energy deployment is gestion transparency in the South- the sublime.