The Industrial Energy Consumers of America (IECA) thanked the Federal Energy Regulatory Commission (FERC) for opening an investigation into how three grid operators exempted transmission projects from federally mandated competitive bidding processes.
Increased oversight is overdue, the IECA said in a release. Electric transmission costs, as a percent of customer electric bills, have been manufacturing’s single largest energy cost increase over the last decade.
The three FERC investigations include PJM (Docket No. EL19-91-000), Southwest Power Pool (Docket No. EL19-92-000) and ISO-New England (Docket No. EL19-90-000).
The so-called “immediate-need transmission projects” appears to be a convenient loophole to avoid being subject to the competitive processes mandated by FERC Order 1000.