,,ii #aahth ,,congress #ast ,session ,s4 #agdh ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,may #ah1 #bjbc,mr4 ,heinrich introduced the following bill2 which was read twice and referred to the ,committee on ,energy and ,natural ,resources ,a ,,bill ,to require the ,federal ,energy ,regulatory ,commission to reform the interregional transmission planning process1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,interregional ,transmission ,planning ,improvement ,act of #bjbc4 #b4 ,increasing effectiveness of interregional transmission planning 7a7 ,in general ,the ,federal ,energy ,regulatory ,commission 7referred to in this section as the ,commission7 shall ensure-- 7#a7 the effectiveness of existing planning processes for identifying interregional transmission projects that provide economic1 reliability1 and operational benefits1 taking into consideration the public interest1 the integrity of markets1 and the protection of consumers2 7#b7 any changes to the processes described in paragraph 7#a7 promote efficient1 cost-effective1 and broadly beneficial interregional transmission solutions that are selected for cost allocation-- 7,a7 taking into consideration-- 7i7 the public interest2 7ii7 the integrity of markets2 7iii7 the protection of consumers2 7iv7 the broad range of economic1 reliability1 and operational benefits2 7v7 the need for single projects to secure approvals based on a comprehensive assessment of the multiple benefits provided2 7vi7 that projects that meet interregional benefit criteria should not be subject to subsequent reassessment by transmission planning authorities2 7vii7 the importance of synchronization of planning processes in neighboring regions1 such as using a joint model on a consistent timeline with a single set of needs1 input assumptions1 and benefit metrics2 7viii7 that evaluation of long-term scenarios should align with the expected life of a transmission asset to be not less than #bj years2 7ix7 that transmission planning authorities should allow for the identification and joint evaluation of alternatives proposed by stakeholders2 7x7 that interregional planning should be done regularly and not less frequently than once every #b years2 and 7xi7 the elimination of arbitrary project voltage1 size1 or cost requirements for interregional solutions2 and 7,b7 regardless of the regulatory or business model of the entity developing the transmission project2 and 7#c7 the use of cost allocation methodologies that-- 7,a7 reflect the multiple benefits provided by interregional transmission solutions1 including economic1 reliability1 resiliency1 operational benefits2 and 7,b7 assign costs broadly to customers based on the multiple benefits described in subparagraph 7,a7 received by customers4 7b7 ,recovery of costs ,the ,commission shall allow a transmission developer of an interregional transmission project that meets the criteria described in subsection 7a77#b77;,a7 to submit to the ,commission a request to recover the cost of the project if the transmission developer demonstrates to the satisfaction of the ,commission that-- 7#a7 the project connects more than #a planning region2 7#b7 no interregional plan that meets the criteria described in subsection 7a77#b77;,a7 has been adopted by the connected planning regions2 and 7#c7 the benefits of the project outweigh the costs of the project4 7c7 ,rulemaking ,not later than #ah months after the date of enactment of this ,act1 the ,commission shall promulgate a final rule to implement this section4