On the recordMay 14, 2024
now on FERC, the Federal Energy Regulatory Commission might not sound like the flashiest Agency in the world, but, yesterday, they had a lot of flash. They made a game- changing announcement that can only be described as dramatic change and help for the American people and for a clean environment. Yesterday, after years of planning--and after I called FERC to take a strong action last summer and was pushing FERC repeatedly to do this-- the Commission announced a pair of rules that will revamp America's power grid. FERC's new rules will require both long-term transmission planning and establishing a way for States to split the bill for big transmission projects. These sound esoteric, but they are huge. The result, in the long run, will help clean energy compete on equal footing with fossil fuels and result in lower energy costs and increased reliability. Nearly 2 years ago, Congressional Democrats, led by the Democrats in the Senate, made history by passing the Inflation Reduction Act, the largest downpayment for clean energy production the United States has ever seen. Our bill, which I was proud to lead in the Senate, provided hundreds of billions to boost U.S. production in solar and wind and other forms of clean energy, and it is hugely successful. All the programs are being oversubscribed. Many more people are in line-- companies, et cetera--to build solar and wind production and other forms of clean energy. But it was only half the battle.…





