(1)As used in this section:
(1)(a) "Advanced transmission technology" means a technology that increases the capacity, efficiency, or reliability of electric transmission infrastructure.
(1)(b) "Advanced transmission technology" includes:
(1)(b)(i) technology that dynamically adjusts the rated capacity of transmission lines based on real-time conditions;
(1)(b)(ii) advanced power flow controls used to actively control the flow of electricity across transmission lines to optimize usage and relieve congestion;
(1)(b)(iii) software and hardware used to identify optimal transmission grid configurations and enable routing power flows around congestion points;
(1)(b)(iv) advanced transmission line conductors that increase the power transfer capacity of transmission lines; and
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(1) As used in this section:
(1)(a) "Advanced transmission technology" means a technology that increases the capacity, efficiency, or reliability of electric transmission infrastructure.
(1)(b) "Advanced transmission technology" includes:
(1)(b)(i) technology that dynamically adjusts the rated capacity of transmission lines based on real-time conditions;
(1)(b)(ii) advanced power flow controls used to actively control the flow of electricity across transmission lines to optimize usage and relieve congestion;
(1)(b)(iii) software and hardware used to identify optimal transmission grid configurations and enable routing power flows around congestion points;
(1)(b)(iv) advanced transmission line conductors that increase the power transfer capacity of transmission lines; and
(1)(b)(v) energy storage technologies that facilitate energy storage during times of excess generation and discharge of stored energy during times of high demand to support transmission system operation.
(2) In an integrated resource plan filing, a general rate case, or other proceeding in which a large-scale electric utility proposes additions or expansions to the transmission system, the large-scale electric utility shall:
(2)(a) analyze:
(2)(a)(i) the cost effectiveness and timetable for deployment of advanced transmission technologies as an alternative strategy to meet electric system needs; and
(2)(a)(ii) whether the technologies would:
(2)(a)(ii)(A) increase transmission capacity;
(2)(a)(ii)(B) increase transmission efficiency;
(2)(a)(ii)(C) reduce transmission system congestion;
(2)(a)(ii)(D) reduce curtailment of energy generation resources;
(2)(a)(ii)(E) increase reliability;
(2)(a)(ii)(F) reduce the risk of igniting wildfire;
(2)(a)(ii)(G) increase resiliency; and
(2)(a)(ii)(H) increase capacity to connect new energy resources; and
(2)(b) include the analysis described in Subsection (2)(a) in the filing to the commission.
(3) (3)(a) The commission shall encourage the large-scale electric utility to include deployment of advanced transmission technologies in an integrated resource plan.
(3)(b) A large-scale electric utility shall include a summary of its existing and planned advanced transmission technologies in each integrated resource plan filed with the commission.
(4) If the commission determines, based on the analysis provided by the large-scale electric utility under Subsection (2)(a), that the deployment of advanced transmission technologies is cost effective, the commission shall approve the large-scale utility's recovery of the prudently incurred costs of the advanced transmission technologies.