U.S. Agencies Agree to Slash Approval Times for Infrastructure Projects -
"More than a dozen federal agencies agreed to slash the time needed for environmental reviews and permitting on major infrastructure projects, a cornerstone of President Donald Trump's infrastructure plan."
Why this is important: Many energy infrastructure projects are bogged down due to the need to obtain regulatory approval from multiple agencies at the state and federal level. The AEP Jackson's Ferry Wyoming 765 kV transmission line is considered the poster child for delay, as it took more than 12 years for AEP to obtain all of the necessary regulatory approvals. In contrast, as a result of FERC streamlining its review process, during the past two years the number of projects approved by FERC has increased by 62.86 percent....
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