Fiscal Responsibility Act (FRA)
NERC released the first installment of the federally mandated ITCS in draft form this week.
NERC said it will release the ITCS by August, with additional U.S. analyses to be completed in November and Canadian results to follow next year.
NERC staff say the Interregional Transfer Capability Study will lay "important groundwork" for future reliability assessments.
The White House Council on Environmental Quality finalized a rule meant to modernize the federal environmental review process under the National Environmental Policy Act.
Presenters at SERC's Board of Directors meeting said the region will have a lot of input into the ERO's Interregional Transfer Capability Study.
Work is underway on the Interregional Transfer Capability Study that Congress assigned to NERC earlier this year.
FERC gave NERC the go-ahead to redirect already-budgeted funds and tap its reserves to pay for a congressionally mandated study.
NERC's Finance and Audit Committee approved a plan to fund the interregional transfer study that Congress ordered in June.
Debt deal limits page counts and time on environmental reviews under the National Environmental Policy Act, but other work remains, and frustrations surface.
A debt ceiling compromise reached by President Biden and House Speaker McCarthy would cut NEPA review times but would not roll back IRA climate provisions.
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