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.
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FERC approved a proposed standard to require internal network security monitoring at high- and medium-impact grid cyber systems while ordering further modifications.
FERC
NERC Chief Engineer Mark Lauby said the North American grid already has measures in place to prevent the mishaps that led to April's blackout in Spain and Portugal.
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The NYISO Business Issues Committee and Operating Committee approved a governing document revisions that would implement transmission owners’ right of first refusal in the ISO’s planning processes at their meetings.
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Looking ahead to the possibility of future emergency orders from the DOE, stakeholders endorsed a PJM issue charge to establish a more permanent set of rules for how to allocate the cost of keeping generation online beyond its desired deactivation date when ordered by the federal government.
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FERC approved a PJM proposal to revise the penalty rate for resources that are unable to meet their capacity obligation due to a decrease to their accreditation.
SPP
FERC accepted SPP's tariff revisions to its Western Energy Imbalance Service market that allow market holds for reliability-based concerns when requested by a balancing authority.
WEC Energy Group
MISO’s repackaged proposal to establish a temporary fast track in its interconnection queue resulted in a familiar division among MISO stakeholders, with vertically integrated utilities in favor and clean energy organizations opposed.
NERC
NERC outlined the metrics it plans to use to evaluate itself for its next performance assessment, in keeping with a 2024 FERC order.
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FERC issued a notice saying it would coordinate with the attorney general on what crimes it would refer to the Department of Justice for criminal prosecution.
NRG
NRG Energy told FERC its purchase of generation and the CPower subsidiary from LS Power will not impact competition, despite some overlap in assets in New York and PJM.
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