Regulatory Energy Transition Accelerator
Regional interconnection.
Making best use of regional resources.
Strengthening interconnection between grids can enhance energy security and contribute to decarbonisation by allowing more flexibility in the system. Particularly for interconnectors between grids in different jurisdictions, regulators’ roles in facilitating and regulating them can be complex, especially in cases where they operate in very different ways.
RETA is working with regulators to understand and facilitate the exchange of good practices on the challenges they face when dealing with cross-jurisdictional interconnection projects. These can span from interregional planning, streamlining decision making and permitting processes, financing and cost recovery mechanisms, capacity use and power trade agreements, to harmonizing technical requirements.