This legislation directs the Federal Energy Regulatory Commission (FERC) to undertake a rulemaking process within 180 days of its enactment. The primary goal is to address existing inefficiencies in procedures for connecting new electric generation and energy storage projects to the transmission system , ensuring they can interconnect quickly, cost-effectively, and reliably. This involves revising the pro forma Large Generator Interconnection Procedures and Agreements to streamline the process and improve interconnection procedures . Specifically, the bill requires transmission providers to develop and employ modeling assumptions based on actual operating abilities, study interconnection requests consistent with customer risk tolerance, and select cost-effective solutions for network reliability needs. They must also provide transparent information to interconnection customers, utilize queue management best practices like advanced computing and automation, and implement measures to ensure timely and cost-conscious construction of necessary network upgrades . FERC is mandated to issue a final rule within 18 months, though the bill explicitly states it does not alter FERC's existing cost allocation authority.