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.
LG&E
The D.C. Circuit remanded to FERC an order rejecting a mitigation plan LG&E and KU Energy filed to replace its longstanding obligation to de-pancake rates for wholesale customers.
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In a surprise move, President Donald Trump will tap Democratic Commissioner David Rosner to become FERC chair, multiple news outlets have reported.
ITC and ATC
MISO asked FERC for a month to prepare a defense of its second long-range transmission portfolio, which is being challenged by five state commissions in the footprint.
Bureau of Labor Statistics
FERC Chair Mark Christie, a vocal critic of high transmission costs and transmission incentives “candy” that impact every consumer in the nation, has only a couple of weeks to act to reduce consumer costs, says Paul Cicio.
EMC Engineering Services
NERC will begin registration of Category 2 IBRs within the next few months, according to the ERO.
MISO and SPP
MISO and SPP appear undaunted in their pursuit of a beneficial interregional project after FERC’s rejection of exemptions to their joint study rules.
Constellation
The New England Power Generators Association is seeking immediate action from FERC to address what it calls “serious flaws” in the design of ISO-NE’s pay-for-performance mechanism.
MISO
Vistra has agreed to pay $38 million to wind down a long-running FERC inquiry into whether it manipulated prices in MISO’s 2015/16 capacity auction.
ORU
Consolidated Edison subsidiary Orange and Rockland Utilities will pay $102,000 to the Northeast Power Coordinating Council for violations of NERC reliability standards.
CAISO
FERC affirmed the ability of an independent transmission developer to include an RTO adder in its CAISO formula rate, rebuffing a request by the California Public Utilities Commission to reject the company’s use of the incentive.
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