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.
NERC
NERC said its Find, Fix, Track and Report and Compliance Exception programs “are meeting the commission’s expectations” and streamlining the handling of lower-risk noncompliance cases by the ERO Enterprise.
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MISO says it needs more time to finish meting out refunds, nearly a dozen years after a complaint was first raised to lower its transmission owners’ base return on equity.
Meta
Following in the footsteps of other major tech firms, Facebook's owner, Meta, has asked FERC to set up a power marketing subsidiary called Atem Energy that will help it manage its growing demand for electricity.
Shutterstock
FERC directed SPP to submit a compliance filing for its proposal to unwind credit payment obligations assessed under Attachment Z2 of the SPP tariff for transmission service taken from 2008 to 2016.
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FERC approved the third iteration of NERC's cold weather preparedness standard, while ordering follow-up informational filings through 2034 to check on its adoption.
FERC
In two Notices of Proposed Rulemaking issued at its open meeting, FERC proposed to approve 11 new Critical Infrastructure Protection standards intended to allow utilities to use virtualization technology.
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Eight New England transmission companies must provide the Maine Office of Public Advocate with more information on asset condition projects placed in service in 2022, FERC has ruled.
FERC
FERC focused on large loads and clearing out older proceedings during its September meeting, with two of three current members saying they hoped to move a pending proceeding on co-located loads in the near future.
NERC
Members of NERC's Standards Committee advanced multiple standards development projects at their quarterly in-person meeting, along with re-electing the chair and vice chair.
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Ongoing cases working their way through the courts have raised questions about the future of FERC's independence.
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