December 28, 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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Podesta Lays Out Biden’s Priorities for ‘Permitting Reform’
Biden may not agree with all provisions in Sen. Manchin’s permitting bill, but he will support it to start negotiations in the Senate, a key adviser said.
Shutterstock
EPA Proposes New Emissions Standards for Power Plants
EPA announced proposed rules to reduce CO2 emissions from coal and gas power plants by requiring them to use carbon capture and co-firing of hydrogen.
Shutterstock
Vanguard Wins Investment Extension in Split Decision at FERC
Vanguard’s request for an extension of its authorization to procure utility securities went into effect as FERC’s commissioners apparently split 2-2.
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FERC’s Christie Calls for Reassessment of Single Clearing Price
RTOs should reconsider the practice of relying on single clearing price mechanisms in their markets, FERC Commissioner Mark Christie argued in an article.
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DOE Rolls out New Process for Designating Key Transmission Corridors
DOE wants to accelerate transmission projects under development by designating their proposed routes as National Interest Electric Transmission Corridors.
NextEra Energy
FERC Questions MISO Plan to Drop Renewables’ Ramp Eligibility
FERC last week told MISO it must provide more details around its plan to exclude wind and solar generation from supplying ramping service.
Brattle Group
Brattle Group Finds VPPs Cheapest Alternative for Resource Adequacy
A Brattle Group study finds virtual power plants are cheaper than other viable options for resource adequacy, namely storage and natural gas peaking plants.
Ken Lund, CC BY-SA 2.0, via Wikimedia Commons
Jury Finds Former ComEd CEO, 3 Others Guilty in Bribery Trial
Four were charged with 9 counts of conspiracy to bribe former Ill. House Speaker Michael Madigan in exchange for his help in passing bills favorable to ComEd.
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P3 Challenges FERC Ruling on PJM Changes to 2024/25 BRA at 3rd Circuit
PJM Power Providers asked the 3rd U.S. Circuit Court of Appeals to overrule a FERC order allowing PJM to recalculate reliability requirement parameter for BRAs.
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FERC OKs Duke Energy Rate Changes to Reflect Tax Cuts
FERC approved Duke Energy’s rate settlement with two co-ops to reflect lower corporate taxes enacted during the Trump administration.

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