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.
ERCOT stakeholders, while raising concerns over the grid operator’s use of conservative operations, have endorsed staff’s recommendations for computing minimum ancillary service quantities for 2026.
FERC approved a follow-up filing for ISO-NE’s compliance with Orders 2023 and 2023-A, authorizing variations from the final rule related to interconnection point modifications, cost allocation, and commercial readiness deposits.
ISO-NE said it is open to capping the balancing ratio used to calculate Pay-for-Performance payments to prevent capacity resources from being required to provide more power than their capacity supply obligations.
Two new data sets show the industry has started to cut back on record high interconnection queue levels from last year as reforms have started to take hold.
PJM's IMM is pushing for limits on NRG after it completes its deal with LS Power to prevent its exercise of market power, but the firm argues they are unneeded and the Monitor has failed to show its math
PJM’s Markets and Reliability Committee endorsed by acclamation a PJM proposal to rework how the RTO determines whether a new generation point-of-interconnection falls under federal or state jurisdiction.
FERC approved CAISO's Western Energy Imbalance Market implementation agreement with Imperial Irrigation District.
FERC granted NextEra Energy’s request to waive certain rules under MISO’s tariff to allow the company to restart its Duane Arnold nuclear plant by the end of 2029.
FERC provided additional explanations of a key term in its directive that NERC revise a recently approved cybersecurity standard.
Former FERC Chair Neil Chatterjee and former Texas Land Commissioner George P. Bush offered their thoughts on the impact of OBBBA on the energy sector during a webinar.
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