🔌💡 Electricity prices are on the rise, and it's raising serious concerns about affordability for consumers. A recent report has shed light on a critical issue: PJM Interconnection's inefficient interconnection process.
This inefficiency could have saved consumers up to a staggering $7 billion! 😱 But this isn't just a regional problem. Outdated interconnection policies are a national concern, hindering our energy transition and driving up costs across the board.
It's high time for state policymakers, regional transmission organizations, and the Federal Energy Regulatory Commission to step up and address these challenges. 🏛️
By implementing smarter interconnection processes, we can enhance competition, increase resource supply, and ultimately lower consumer costs. 💪
Take Illinois, for example. New legislation there aims to save consumers $2.4 billion by setting a target for 15GW of clean energy storage and removing barriers to grid connection. This is a significant step towards a more efficient and sustainable energy future.
Whos working on interconnection solutions? Lets chat... :)
Sedale Turbovsky
@STurbovsky
CEO. Founder @opengrants_io Strategic Funding Specialist. Professional Human Being. Follow for tweets on #grants, #govtech, #publicfunding and #startups. #ODCT1
