FERC transmission planning rule should spark Northeast Ohio’s clean-energy growth: Shayna Fritz
As Ohio continues to navigate its energy future, the collaborative efforts of state entities, utilities, and innovative companies will be not just important, but crucial in realizing the full potential of a recent Federal Energy Regulatory Commission ruling that makes its first major update to transmission planning policies in over a decade Such cooperation can lead to a resilient and dynamic energy sector that not only meets current demands but also drives regional economic growth and job creation, writes guest columnist Shayna Fritz, executive director of the Ohio Conservative Energy Forum. The Federal Energy Regulatory Commission (FERC) has ruled a rule that promotes the development of a more dependable, cost-efficient energy infrastructure for the growing demand for electricity from data centers and other high-energy-consuming facilities. The rule, Order 1920, is the first major update to transmission planning policies in over a decade and comes at a crucial time as power demand is rapidly increasing due to manufacturing, building data centers, and technological advances made possible by artificial intelligence. Power demand is projected to grow by 5% in the next five years.
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COLUMBUS, Ohio – A recent ruling by the Federal Energy Regulatory Commission (FERC), a pivotal player in shaping the energy landscape, offers significant economic development opportunities for Ohio, particularly in Northeast Ohio, where clean energy companies can substantially benefit. Order 1920, a landmark decision by FERC, promotes the development of a more robust, dependable, and cost-efficient energy infrastructure, which is essential for supporting the growing demand for electricity from data centers and other high-energy-consuming facilities.
The rule is FERC’s first major update to transmission planning policies in over a decade and comes at a crucial time as power demand is surging across the country. Recent studies have attributed the rapid growth of power demand to the re-domestication of manufacturing, building data centers necessary to sustain a 21st-century economy, and technological advances made possible by artificial intelligence. Power demand is projected to grow by 5% in the next five years.