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.
In light of recent cyberattacks, FERC is calling for new standards that would require entities to monitor their internal computer networks for intrusions.
FERC said it could not reverse its OK of a controversial compressor station, but Democrats pledged to consider environmental justice in future gas cases.
FERC Chair Richard Glick lobbied for an ERO-like entity to set mandatory standards for gas pipelines before the House Energy and Commerce Committee.
Several stakeholders condemn MISO’s bid to reconfigure its resource adequacy design into seasonal auctions with availability-based resource accreditations.
PJM updated stakeholders at the OC meeting regarding ongoing discussions with the Illinois EPA over the impacts of the state’s sweeping energy legislation.
SPP has laid out its clearest explanation yet of its five-year plan to expand its presence and establish an RTO in the Western Interconnection.
The Northwest Power Pool’s Western Resource Adequacy Program is forming stakeholder committees to nominate directors and shape program design.
PJM staff told stakeholders they were seeking to move the upcoming BRA originally scheduled for later this month to the end of June to comply with FERC.
DOE announced the launch of the Building a Better Grid Initiative, aimed at building out long-distance, high-voltage transmission lines.
The NEPOOL Markets Committee approved changes to the rules around retirement bids and discussed upping financial penalties for missed project milestones.
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