October 2, 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. 
WKYC Channel 3
DOJ Orders $230 Million Fine for FirstEnergy
FirstEnergy has agreed to pay a fine for its role in the H.B. 6 scandal, which federal prosecutors described as the largest bribery scandal in Ohio history.
Senate Committee on Energy and Natural Resources
Senate Committee Deadlocks on Biden Pick to Head BLM
Tracy Stone-Manning’s nomination to head BLM has become a flashpoint, based on GOP claims that she lied about her involvement in a tree-spiking incident.
© RTO Insider LLC
Glick Works to Strengthen Relationship with NARUC
FERC Chair Richard Glick is seeking ‘peace, love and understanding’ with state regulators as work on easing transmission issues begins.
© RTO Insider LLC
Chatterjee Says Farewell at ‘Likely’ Last FERC Meeting
FERC Commissioner Neil Chatterjee bid farewell and thanked his colleagues and staff during what he said was “very likely” his last monthly open meeting.
DangApricot, CC BY-SA 3.0, via Wikimedia Commons
FERC Authorizes Icahn Employees for First Energy Board
FERC authorized two Icahn Capital employees to have voting rights on the FirstEnergy Board of Directors.
Fletcher6, CC BY-SA-3.0, via Wikimedia
FERC Sets ROE for Exelon’s Mystic Plant at 9.33%
FERC set a base return on equity of 9.33% on the Mystic Generating Station’s reliability-must-run contract, using methodology it introduced last year.
Holy Cross Energy
FERC Dismisses Dispute Between Colorado Co-op, Xcel over QF Practices
FERC declined to issue an order in a dispute between a western Colorado electric co-op and an Xcel subsidiary over qualifying facility interconnections.
Energy Information Administration
FERC Orders Hearing on Gas Manipulation Allegation
FERC ordered a hearing on allegations that Total manipulated the price of natural gas at several locations in the Southwestern U.S. between 2009 and 2012.
NJ BPU
New Jersey BPU Accepts Continued PJM Capacity Market Participation — for Now
The New Jersey BPU voted unanimously to accept the final version of a staff report recommending the state continue in PJM’s capacity market — for now.
The Brattle Group
DC Circuit Rejects FERC Logic on PJM 10% Adder
The D.C. Circuit Court of Appeals rejected FERC's logic for approving a 10% cost adder in PJM's capacity market.

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