S 4144
Grid MODEL Act of 2024
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- Passed Senate
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Bill overview
The Grid MODEL Act of 2024 aims to improve the reliability of the U.S. power grid by requiring the Federal Energy Regulatory Commission (FERC) to establish standards for using probabilistic modeling in resource adequacy planning and integrated resource planning. This involves considering uncertainties related to generation, transmission, energy storage, and loads, such as weather impacts, distributed generation, and changing consumer electricity demands. The goal is to ensure that grid operators accurately assess and plan for potential disruptions and optimize the electricity supply.
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