Washington, D.C. —After more than two years of consideration, the Federal Energy Regulatory Commission (FERC) finalized its long-term regional transmission planning and cost allocation rule on May 13, 2024.

Nearly all aspects of modern life depend on a robust and reliable power grid. However, FERC’s last major update to transmission planning policies – Order No. 1000 – came more than a decade ago, and the energy grid is in a much different place today.