Inclusive Joint Transmission Ownership Arrangements: An Effective Means to Getting Needed Transmission Sited and Built

There is general consensus that to deliver renewable energy to load, maintain electric reliability, and promote greater wholesale electric competition, we need to expand the U.S. transmission grid, as recognized in FERC’s Order 1000. In the Energy Policy Act of 2005, Congress recognized the need to spur new transmission construction by, among other things, enacting FPA Section 217(b)(4), which directs FERC to facilitate planning and expansion of the grid to meet the reasonable needs of load – serving entities (LSEs), as well as Section 216, providing for Federal backstop siting authority, and Section 219, providing for incentive – or performance – based rate treatments for transmission that benefits consumers by ensuring reliability or reducing the delivered cost to consumers.