September 30, 2024

FERC & Federal

The Federal Energy Regulatory Commission is an independent regulatory agency that oversees the transmission of electricity, natural gas and oil in interstate commerce, as well as regulating hydroelectric dams and natural gas facilities. 
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DOE Launches $675M Program to Build Critical Mineral Supply Chain
DOE is consolidating its portfolio of critical mineral programs in a bid to build a domestic supply chain of materials needed to decarbonize the economy.
PJM
Dominion CEO: SCC Order for OSW Performance Guarantee ‘Untenable’
The Virginia Corporation Commission approved Dominion Energy’s OSW project, but the utility’s CEO said the capacity performance guarantee is “disappointing.”
International Energy Agency
Counterflow: 45Q: Money for Nothing
Columnist Steve Huntoon says the 45Q carbon capture tax breaks in Democrats' climate bill are an enormous subsidy that won't help decarbonization.
C-SPAN
Senate Passes Inflation Reduction Act
Following a marathon of debate, the U.S. Senate passed the Inflation Reduction Act with all of its $369.75 billion in clean energy spending intact.
Kentucky PSC
DC Circuit Backs Kentucky Munis on Transmission Rate ‘Pancaking’
FERC failed to consider the impact of potential rate increases when it allowed LG&E/KU to partially exit market power mitigation, the D.C. Circuit ruled.
Duke Energy
Duke Considering Sale of 3.5-GW Renewable Portfolio
Duke Energy put a “for sale” sign on its 3.5-GW commercial renewable business, saying it wants to focus its capital on regulated spending.
© RTO Insider LLC
Share Winter Data, States Urge ISO-NE
NESCOE urged ISO-NE to share confidential data about fuel supply and grid reliability with FERC ahead of the upcoming winter.
© RTO Insider LLC
Exelon, PPL Differ on Impact of 15% Corporate Minimum Tax
Exelon said the proposed 15% minimum corporate income tax in the Democrats’ energy and climate bill could impinge its cash flow, slow infrastructure investment.
Constellation Energy
New England Governors Ask Feds for Help with Winter Reliability
New England governors asked Secretary Granholm to consider waiving the Jones Act for LNG imports and tapping the Northeast oil reserve for heat this winter.
Wabash Valley Power
DC Circuit Upholds FERC Rejection of Midwestern Co-op Contract
FERC acted reasonably in rejecting a Wabash Valley Power contract and denying it a Mobile-Sierra presumption, the D.C. Circuit Court of Appeals ruled.

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