Mind the Regulatory Gap
A regulatory gap has led to a costly shift in utility investment to local transmission assets, putting the energy transition at risk.
Webinar – Mind the Regulatory Gap: Breaking Down RMI’s New Report on How to Enhance Local Transmission Oversight
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Over the past twenty years the amount Americans have been spending on transmission infrastructure has skyrocketed nearly five-fold, from $9.1 billion in 2000 (adjusted to 2019 dollars) to $40 billion in 2019. Recent RMI research has shown that the majority of the buildout in this period is of local transmission lines that escape scrutiny at the federal, regional, and state level.
This is both an inefficient use of customer dollars, as larger, regional lines create system efficiencies that support a stronger grid overall with expanded access to low-cost energy resources such as wind or solar power; and it persists without a check from regulators who are supposed to protect the affordability of the system.
RMI’s new report, Mind the Regulatory Gap: How to Enhance Local Transmission Oversight, explains how a regulatory gap is, in part, driving this shift in spending to local projects. In this webinar, RMI provides an overview of its report — along with potential solutions — followed by a moderated panel with guest experts, including Kent Chandler (R Street Institute), Anjali Patel (David Gardiner and Associates), and Greg Poulos (Consumer Advocates of the PJM States).
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