Monday, June 28, 2021 At the June 17, 2021 Open Meeting, the Federal Energy Regulatory Commission (“FERC” or “Commission”) issued a policy statement and an order reflecting its continued support for transmission project development and transmission investment to achieve federal and state renewable resource policy goals. I. FERC Policy Statement on Voluntary Agreements FERC’s policy statement seeks to eliminate potential barriers to voluntary agreements providing for the construction of transmission facilities, including voluntary agreements involving one or more states (“Voluntary Agreement”) (“Policy Statement”). [1] The Policy Statement also identifies voluntary agreements between two or more transmission owners as being “within scope” although it largely focuses on transmission investment to support state initiatives. The Policy Statement emphasized that “Voluntary Agreements are not categorically precluded” by either the Federal Power Act (“FPA”) or the Commission’s implementation of the FPA.