Federal Energy Regulatory Commission (FERC)
The Federal Energy Regulatory Commission is an independent agency that regulates the interstate transmission of electricity, natural gas and oil; reviews proposals to build LNG terminals and interstate natural gas pipelines; and licenses hydropower projects. FERC also oversees operations of regional wholesale electricity and natural gas markets and oversees the reliability of the bulk electric system.
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FERC ordered show-cause proceedings for Commonwealth Edison’s formula rate protocols, saying that they may not provide adequate transparency.
Xcel Energy
FERC has approved two Western utilities’ revisions to their transmission formula rate protocols in their response to a show cause proceeding begun last year.
Shutterstock
FERC last week granted a petition from a company looking to build an undersea transmission line to Puerto Rico.
FERC
FERC acted to shore up grid cybersecurity defenses by approving a NERC reliability standard that requires utilities to protect low-impact cyber resources.
Calpine
The California Public Utilities Commission launched an investigation into extremely high natural gas prices in California and the West this winter.
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FERC released its State of the Market report, which showed some of the highest natural gas and power prices in years.
ITC Holdings
FERC has decided for a second time to leave ITC Midwest’s 16-year-old capital structure untouched over protests it results in unaffordable customer rates.
SEEM
Oral arguments Wednesday on the appeal of FERC’s approval by operation of law of the Southeast Energy Exchange Market focused on the issue of deadlines.
U.S. Senate Committee on Indian Affairs
Speakers at a WRI webinar said any updates to permitting necessary to meet long-term clean energy goals need to leave key environmental protections in place.
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FERC's latest budget request seeks additional funds and employees to carry its core functions in fiscal year 2024.
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