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New Transmission Oversight Office: Lower Energy Bills and Better Grid Reliability

This Act establishes an Office of Transmission within the Federal Energy Regulatory Commission (FERC) to provide independent oversight of electric grid planning and operation. The goal is to ensure robust, forward-looking, and transparent planning, which should ultimately lead to lower energy costs for consumers, improved grid reliability (especially during extreme weather), and faster integration of clean energy sources. The Office is also mandated to share data with public stakeholders to facilitate their active participation in the planning process.
Key points
Creation of the Office of Transmission within FERC to independently review how regional entities plan and operate their electric grids.
Objective: Reduce consumer energy costs, improve grid reliability and resilience (e.g., against extreme weather), and prevent delays in integrating new renewable energy.
The Office will identify inefficiencies leading to unjust rates or undue burdens on high-energy-burden households, promoting advanced transmission technologies and distributed renewable resources.
Requirement for Transmission Planning Regions to share operating and planning data with the Office, which will then share it with public interest stakeholders (residents, labor unions, consumer groups) to enhance transparency.
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Additional Information
Print number: 118_S_5405
Sponsor: Sen. Markey, Edward J. [D-MA]
Process start date: 2024-12-02