Senate bill directs FERC to bolster interregional transmission planning, require GHG reporting
In the short term, the bill is designed to give FERC guidance as the agency crafts its transmission and interconnection proposals, according to Devin Hartman, director of energy and environmental policy at the R Street Institute. In the long term, the bill’s supporters aim to get bipartisan traction on key provisions of the legislation, which Hartman contends should appeal to people with a conservative economic philosophy.
The data will send market signals on where to locate new generation and how to manage consumption, according to Hartman, who helped draft the legislation. It’s information highly desired by companies with environmental, social and governance goals and will slash greenhouse gas emissions voluntarily, he said.
“There’s an enormous potential because the private sector is hypermotivated to reduce its direct emissions, and it’s getting increasingly motivated to reduce the indirect emissions embedded in supply chains,” Hartman said.