We’ve been expecting it for over a year, but this week the US Federal Energy Regulatory Commission officially passed a rule change that is supposed to help modernize the US grid – if the plan works – and on balance we think it will. The idea is mostly contained in a single change – re-ordering requests for transmission connections from “first come, first served” to a first ready, first served system, and there are great hopes for it reducing connection queues from over five years to something far less. But how much less? “This new rule will enable America’s vast power generation resources to connect to the grid in a reliable, efficient, transparent, and timely manner, and in doing so,…