Last week FERC made a new ruling that is expected to drastically speed up the interconnection process. Grid operators and electric utilities must change how they study energy projects and will be subject to firm deadlines and penalties. Projects must be studied in groups and projects further along in development will be prioritized. It also requires project developers to submit financial deposits and get certain land or building rights to reach approval.
FERC approves impactful rule to address renewables backlog
