October 5, 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. 
UPDATE: IIF Closes El Paso Electric Purchase
The privately held Infrastructure Investments Fund completed its acquisition of El Paso Electric after a final regulatory check by the NRC.
Senate Energy Committee Discusses Carbon Management
The Senate Energy and Natural Resources Committee called attention to federal efforts to encourage emerging technologies aimed at carbon dioxide management.
UPDATE: FirstEnergy, AEP CEOs Deny Wrongdoing
AEP CEO Nick Akins said that his company is innocent of wrongdoing in the alleged bribery scheme that resulted in the passage of Ohio H.B. 6, echoing a similar protestation by FirstEnergy CEO Charles Jones.
Trump to Nominate Christie, Clements to FERC
President Trump announced he will nominate Virginia State Corporation Commission Chair Mark Christie and clean energy activist Allison Clements to FERC.
Hybrid Resource Developers Ask for Uniform Rules
RTOs will need uniform interconnection processes if hybrid and co-located resources are to provide flexible, cost-effective service, panelists in a FERC conference said.
FERC Gets More Time on Tolling Orders
The D.C. Circuit Court of Appeals granted FERC’s request for a delay in responding to the court’s order barring the commission’s use of tolling orders.
Optimism About Renewables Abounds amid Pandemic
Industry stakeholders remain upbeat about the long-term prospects of renewable energy, as indicated by a panel during NARUC’s Summer Policy Summit.
Feds: FE Paid $61M in Bribes to Win Nuke Subsidy
FirstEnergy spent $61 million in bribes and “dark money” to elect Ohio House Speaker Larry Householder and his allies, federal officials charged.
How ComEd Got its Way with Ill. Legislature
ComEd admitted it bribed Ill. House Speaker Michael Madigan in return for legislative support, what one involved called an "old time patronage system."
ComEd to Pay $200 Million in Bribery Scheme
Exelon’s ComEd agreed to pay a $200 million fine to settle allegations it bribed Illinois House Speaker Michael Madigan in return for legislation favor.

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