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Why Net-Zero is Cheaper for the UK

The United Kingdom has set an ambitious target to achieve net-zero greenhouse gas emissions by 2050. This goal necessitates a comprehensive transformation of various sectors, including energy, transportation, and agriculture. While the environmental imperatives are clear, there is growing evidence...

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The End of the Road for Transmission Incentives

In a significant shift, the Federal Energy Regulatory Commission (FERC) has decided to abandon its transmission incentives policy, particularly the construction work in progress (CWIP) incentives. This decision marks a pivotal change in how transmission projects are financed and regulated, potentially impacting stakeholders across the energy sector.

Historically, transmission incentives, including CWIP, were designed to encourage investment in the nation's aging and overburdened transmission infrastructure. By allowing utilities to recover costs during the construction phase,...

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