FERC’s Glick Backs Including Climate Gains In Transmission Cost Splits

Federal Energy Regulatory Commission (FERC) Chairman Richard Glick is urging officials to account for a suite of climate change and other benefits from power transmission lines when allocating costs for such upgrades, echoing an approach backed by renewables power groups because it could spur new projects. “We've pretty much been limited in our thinking about transmission cost allocation,” Glick told a June 10 virtual meeting of the American Clean Power Association (ACPA), noting courts require costs to be split in...