Letter from FERC Chair Indicates Transmission Technology Incentives are a Priority
Media Contact: Julia Selker, email@example.com, 541-908-5792
Washington, D.C. – On April 22, 2021 Chairman Richard Glick of the Federal Energy Regulatory Commission responded to an August 2020 letter from 13 U.S. Senators regarding Grid-Enhancing Technologies (GETs) incentives.
The Senators had urged the Commission to implement “specific performance-based transmission incentives policies” that “properly value the operational benefits advanced transmission technologies provide.”
The Chairman’s response discusses the Commission’s approach, including a September 10, 2021 workshop which will study performance-based incentives, particularly shared savings as proposed by the WATT Coalition and Advanced Energy Economy in June 2020.
About the WATT Coalition:
The Working for Advanced Transmission Technologies (WATT) Coalition advocates for policy that supports wide deployment of Grid-Enhancing Technologies (GETs), to accelerate the clean energy transition and lower energy costs. Dynamic Line Ratings determine the true, real-time capacity of power lines. Advanced Power Flow Control allows operators to reroute power to lines with available capacity. Topology Optimization identifies the best grid reconfigurations to reroute flow around bottlenecks. In operations, these technologies reduce congestion costs and improve economic dispatch, situational awareness and reliability. In planning, they reduce the time, cost and complexity of integrating new generation and load. WATT members include Ampacimon, EDF Renewables North America, Heimdall Power, LineVision, Lindsey Systems, NewGrid, Smart Wires, and WindSim Power Inc. Learn about unlocking more value from the grid at watt-transmission.org.