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.
FERC partly rejected Order 864 compliance filings by NorthWestern, Duke Energy and PacifiCorp regarding changes caused by the Tax Cuts and Jobs Act of 2017.
Federal regulators again pushed for ISO-NE to get rid of its Minimum Offer Price Rule.
FERC accepted changes proposed by members of the Southeast Energy Exchange Market, intended to provide greater transparency and fairness.
FERC denied a complaint by a pair of cooperatives that SPP “misapplied” tariff provisions during February's winter storm, costing them $79 million in revenue.
FERC ordered PJM to remove the 10% cost adder for the reference resource used to establish the VRR curve in the RTO’s capacity market.
FERC’s Republican minority is arguing that the commission’s recent decision on the Weymouth Compressor Station is leading to uncertainty for gas developers.
SPP’s Board of Directors and its state regulators will consider a pair of revision requests that did not pass stakeholder muster earlier this month.
The D.C. Circuit said a PPA between Duke Energy and 32 municipal utility customers allows the munis to use storage to reduce their capacity charges.
FERC last week allowed MISO a hall pass on making sure offline energy storage resources can furnish certain types of energy reserves.
Jimmy, CC BY-SA-2.0, via Wikimedia
Tri-State G&T has reached a settlement with more than two dozen of its members over the first phase of its $21.3 billion plan to reduce GHG emissions.
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