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.
President Biden said he will nominate FERC Chair Richard Glick for another five-year term. If confirmed, Glick could be on the commission well into 2027.
brewbooks, CC BY-SA 2.0, via Wikimedia Commons
FERC approved tariff revisions to correct a defect in how CAISO sets penalty prices for the relaxation of intertie transmission
constraints.
FERC permitted GridLiance High Plains to offload its controversial Nixa, Mo., transmission assets to the Missouri Joint Municipal Electric Utility Commission.
A summary of the agenda items scheduled to be brought to a vote at the PJM Markets and Reliability Committee meeting on May 25, 2022.
FERC continued to tell utilities to refund premiums they earned on top of extraordinarily high prices in August 2020 during a heat wave.
FERC raised concerns that several proposed changes to NERC's Rules of Procedure may negatively impact on the ERO's compliance enforcement programs.
FERC commissioners expressed alarm over forecasts of potential supply shortfalls this summer in the West, ERCOT, MISO and SPP.
Order 2222 filings have been contentious in every region, including New England.
FERC rejected a request by opponents of the Southeast Energy Exchange Market for a rehearing of proposed changes to the market.
FERC denied rehearing requests from transmission providers and others on Order 881.
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