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.
SPP reached a key milepost in its Western efforts when FERC conditionally approved its tariff for Markets+, a highly anticipated decision likely to ramp up the competition with CAISO’s Extended Day-Ahead Market.
The 2,600 GW of wind, solar and storage sitting in interconnection queues across the U.S. represent a major imbalance in energy resources that could lead to brownouts or blackouts, former North Dakota Gov. Doug Burgum (R) said during his Senate confirmation hearing.
FERC approved price formation reforms for SPP and set questions around resource accreditation for additional proceedings in a pair of orders issued at its regular monthly meeting.
Chris Wright, President-elect Donald Trump’s nominee to head the Department of Energy, positioned himself as a supporter of an all-of-the-above approach to developing generation and transmission before the Senate Energy and Natural Resources Committee.
FERC has ordered American Efficient to defend its energy efficiency programs in PJM and MISO or pay a $722 million penalty and return $253 million in profits to ratepayers.
Stakeholders are split on whether FERC should adopt additional changes to its generator interconnection rules, or focus on implementing Order 2023 while letting specific regions go further on their own, according to comments filed after a September technical conference.
FERC and a group of regulators from 10 states began discussing gas-electric coordination at the first meeting of the new Federal-State Current Issues Collaborative.
With President-elect Donald Trump promising to "dismantle the deep state," former FERC Chair Neil Chatterjee's social media post offering "insight on who to keep and who to remove" led to worries about the continued independence of the agency.
SEEM's opponents argued that FERC should recognize the market as a loose power pool and regulate it accordingly.
Members of the Southeast Energy Exchange Market argued to FERC that the market is beneficial to customers and should be allowed to continue.
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