; or (2) establish an independent entity to monitor the planning for, and operation of, transmission facilities in all transmission planning regions. (b) Role of transmission monitor An independent entity described in subsection (a) shall provide independent analysis of transmission planning and ratemaking processes by the Commission and Transmission Organizations to inform Commission proceedings, including by, as applicable— (1) reviewing the operation and practices of transmission facilities in the applicable transmission planning region for inefficiency; (2) investigating whether any rate, charge, or classification for transmission facilities in the applicable transmission planning region, or any rule, regulation, practice, or contract affecting such a rate, charge, or classification, is unjust, unreasonable, unduly discriminatory or preferential; (3) reviewing the transmission planning process for the applicable transmission planning region; (4) reviewing transmission facility costs in the applicable transmission planning region; (5) providing examples and advice to Transmission Organizations in the applicable transmission planning region on regional transmission operations, planning, and cost-allocation processes; (6) identifying situations in which it is cost-effective or otherwise appropriate to construct or deploy grid enhancing assets; (7) coordinating and sharing information with State regulatory authorities in the applicable transmission planning region; and (8) identifying reliable data sets and methodologies for use in regional planning and providing access to data to stakeholders. (c) Savings clause Nothing in this section shall be construed to alter the sole power of the Commission to, under sections 205 and 206 of the Federal Power Act ( 16 U.S.C. 824d