To require the Federal Energy Regulatory Commission to promulgate regulations with respect to regional and interregional transmission planning, and for other purposes.
About This Bill
Committee
Latest Action · August 11, 2023
Referred to the Subcommittee on Energy, Climate and Grid Security.
The CHARGE Act of 2023 is legislation designed to overhaul how the nation plans and builds electrical transmission lines to support renewable energy and modernize the aging power grid. The bill requires the Federal Energy Regulatory Commission to establish new rules within 18 months that mandate regional and interregional transmission planning coordinated across multiple states, with standardized cost allocation methods that account for benefits like renewable energy delivery, grid reliability, and climate goals. The legislation affects transmission providers, utilities, Independent System Operators, and ultimately electricity consumers across the country by establishing requirements for better coordination between neighboring power regions and ensuring that costs are fairly distributed among beneficiaries of new transmission projects. The bill includes $200 million in appropriations for fiscal year 2024 to implement key provisions, plus an additional $10 million for an online database making electricity generation and emissions data publicly available in real time. The legislation also addresses transparency and governance issues by requiring Regional Transmission Organizations and Independent System Operators to open their meetings to public recording, fund public interest participation, establish independent boards, and implement restrictions on hiring former utility executives.
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