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.
FERC’s transmission planning NOPR has won wide praise, but the consensus proposal also represented a retreat on efforts to open development to competition.
FERC rejected United Power’s request to provide Tri-State Generation and Transmission Association with a nonbinding, conditional withdrawal notice.
FERC reversed a decision that allowed CAISO to include an adder in the formula for offers that exceed the soft cap for its capacity procurement mechanism.
The Gulf Coast Power Association drew more than 400 attendees to its first in-person Spring Conference, and 35th overall, since 2019.
NextEra Energy lost almost 10% of its market value after telling the financial community that issues from Asian suppliers could delay some projects.
FERC ordered CAISO, ISO-NE, MISO, NYISO, PJM and SPP to report on how system needs are changing with their shifting resource mixes and how they will meet them.
Rising natural gas prices and extreme weather pushed wholesale electricity prices higher in 2021, FERC said in its annual State of the Markets report.
FERC proposed changing transmission planning and cost allocation processes to help build out the grid in response to electrification and renewables.
ISO-NE's Order 2222 compliance filing has been criticized by environmental groups and renewable advocates who say it fails to meet the goals laid out by FERC.
Mwanner, CC BY-SA 3.0, via Wikimedia Commons
FERC on Thursday ordered the operator of a dam in upstate New York to pay a $600,000 civil penalty for failing to make needed repairs over six years.
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