The Federal Energy Regulatory Commission (FERC), which regulates interstate electricity transmission, signed off on the Western Power Administration’s plan to help finance the Montana-Alberta Tie Ltd. (MATL) using $161m in loan authority through the federal economic stimulus.
"This transmission line will be an important link for consumers to get access to renewable energy, and it represents a solid, real-world example of how stimulus funds can and will help improve Americans’ lives,” FERC Chairman Jon Wellinghoff states.
The
