MANY MINDEDFERC Approves PJM Transmission Cost Framework
On August 14, 2026, the U.S. Federal Energy Regulatory Commission (FERC) approved a cost allocation framework for transmission projects within the PJM Interconnection's footprint that MISO sought to build under its Tranche 2.1 plan. The framework assigns $904 million to Exelon's Commonwealth Edison and $5.3 million to Duke Ohio for specific transmission infrastructure. FERC rejected demands that these projects undergo competitive bidding, instead allowing MISO to recover costs directly through this mechanism. The approval enables MISO's planned 765-kV backbone transmission line across the Midwest region, which FERC commissioners cited as improving grid reliability, reducing congestion costs, and enhancing renewable energy integration.
This framework addresses a key regulatory hurdle: FERC determined MISO lacks authority to mandate transmission development in PJM's footprint. By bypassing competitive bidding, it accelerates project financing for the backbone line while maintaining the grid's resilience against outages and supply disruptions. The move directly supports energy security through more stable power flows across multiple states.
For abundance, this reduces friction in power access for Midwest communities by lowering outage risks and enabling better renewable integration. However, the framework applies only to projects within PJM's footprint and does not extend to other regions. What follows will determine whether the 765-kV backbone delivers cost savings or grid stability without new barriers. The source details only this framework's approval and assignments; full implementation impacts remain with MISO and PJM operators.
Source: Utility Dive