Nov 20, 2019   SOURCE: PR NewsWire

Diverse Coalition Signs Statement of Principles on Modernizing the Electric Transmission Grid

WASHINGTON, Nov. 20, 2019 /PRNewswire/ -- WIRES, the international trade association that promotes investment in the high voltage grid, and several other organizations in the electric power space announced today a Statement of Principles for advancing development of a modern electric transmission grid. The Statement was agreed to by a diverse coalition of 10 U.S. and Canadian organizations following the International Summit on the Electric Transmission Grid, held last month at the Embassy of Canada.

Among the signatories of the Statement of Principles are the Edison Electric Institute, Solar Energy Industries Association (SEIA) and IBEW (International Brotherhood of Electrical Workers).

"The Summit brought together diverse industry voices to address the pressing need for advancing the inter-regional and cross-border grid of the future," said Brian Gemmell, the president of WIRES and a vice president of transmission asset planning at National Grid. "The coming electrification of transportation and heating in the U.S. will require major new electric transmission infrastructure. We are calling for more leadership, cooperation and investment at the federal, state and regional levels to address the barriers that have inhibited the planning and execution of critical transmission projects that will be absolutely necessary to support the new electrified economy."

Joining WIRES in their support of the Statement of Principles are 10 other organizations:
Americans for Clean Energy Grid
Canadian Electricity Association
Edison Electric Institute
Energy Systems Integration Group
Great Plains Institute
GridWise Alliance, Inc.
International Brotherhood of Electrical Works
National Electric Manufacturers Association
Solar Energy Industries Association
WaterPower Canada

Among the principles agreed upon were the following:

    --  Policy makers in the United States and its several states and
        municipalities and in Canada and its several Provinces, Territories, and
        municipalities are urged to review and improve the regulation of the
        infrastructure that comprises the electrical grid, to (1) streamline
        processes governing economic and environmental reviews of projects where
        possible, (2) promote economic and energy efficiency, (3) deliver
        important environmental benefits, and (4) ensure equitable sharing of
        the cost of needed infrastructure, as appropriate;
    --  As applicable, the Federal Energy Regulatory Commission, the U.S.
        Department of Energy, and state economic regulators should assess the
        need to improve upon and revise regulatory processes and corresponding
        regulations and policies governing the planning and cost allocation of
        high voltage electric transmission, balancing the public's interest in
        expedition, cost savings, care of the environment, and an equitable
        sharing of burdens;
    --  U.S. States and Canadian Provinces and Territories that adopt renewable
        electric generation (fuel) requirements for their domestic utilities and
        other generators should, at the same time, recognize and take into
        account the extent to which such policies necessitate the development of
        additional transmission lines and/or the deployment of advanced
        technologies;
    --  Canadian and U.S. industry leaders and public policy makers must ensure
        that investment in grid infrastructure in both countries responds
        effectively to threats from extreme weather and cyber intrusion.

"Maximizing the social, environmental and economic benefits of North America's abundant renewable electricity resources will require, among other elements, an enhanced focus on transmission infrastructure," said Anne-Raphaëlle Audouin, President, WaterPower Canada (WPC). "This statement of principles highlights the ongoing collaboration between the Canadian and American electricity sectors toward optimizing the use of clean and renewable electricity in both countries."

"ACEG is pleased to sign onto this statement of principles," John Jimison, Executive Director of Americans for a Clean Energy Grid (ACEG). "We look forward to collaborating with our fellow signatories and other diverse interests to advance a more affordable, resilient, and sustainable grid."

The Summit gathered diverse organizations from the U.S. and Canada representing hundreds of companies, unions and interest groups to discuss the robust interregional and cross-border grid of the future. Discussions focused on the planning and design of the future transmission grid, its economic benefits and regulatory challenges, the changing fundamentals in the electric sector, as well as threats to the grid's resilience.

About WIRES
WIRES is an international non-profit trade association of investor-, publicly-, and cooperatively owned transmission providers, transmission customers, regional grid managers, and equipment and service companies. WIRES promotes investment in electric transmission and progressive state and federal policies that advance energy markets, economic efficiency, and consumer and environmental benefits through development of electric power infrastructure. For more information, visit www.wiresgroup.com

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SOURCE WIRES