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This bill directs the Federal Energy Regulatory Commission (FERC) to establish regulations and processes for improving electricity transfer capability between adjacent transmission planning regions. Within 24 months, FERC must issue rules for calculating existing transfer capacity, determining minimum transfer requirements to ensure grid reliability during extreme weather and cyberattacks, and identifying interregional transmission projects needed to meet those minimums. Transmission planning entities for adjacent regions must file joint plans every 3–5 years for FERC approval, and FERC must publish annual reports on implementation results.
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