Tech giant appealed to Virginia Supreme Court over new rules requiring builders to fund transmission infrastructure upfront
Tech giants have filed an appeal with the Virginia Supreme Court, which will review the new rule requiring builders to pay in advance for the construction of transmission infrastructure. In 2024, the Virginia State Legislature passed a law stipulating that power companies must raise funds before the project begins, as the project had previously faced the risk of being halted due to insufficient funding. Tech giants believe that this rule increases the burden on businesses and hinders the development of renewable energy, so they appealed to the Virginia Supreme Court, requesting the repeal of the relevant regulations. The case has not yet been decided, and a victory could affect the formulation of similar policies in several states across the United States.