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Tuesday, May 14, 2024

National Grid issues statement on federal agency ruling

National Grid US issued the following statement on the new transmission rule from the Federal Energy Regulatory Commission (FERC):

We appreciate the Commission’s work to identify long-term solutions that will help to encourage the building of much-needed transmission across the country. We know that anticipatory planning and investment will be the most efficient and cost-effective approach to meeting the future energy needs of our customers. We look forward to reviewing the order in detail and working with our regional partners to implement the included provisions to the benefit of our New England and New York communities.