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.
Former FERC Commissioner Cheryl LaFleur has been elected chair of the ISO-NE Board of Directors.
Jno Skinner, CC BY-4.0, via Wikimedia
FERC and NERC staff shared their preliminary findings and recommendations on the February winter storm that led to unprecedented outages in Texas.
FERC approved PPL’s purchase of Narragansett Electric in Rhode Island from National Grid for $3.8 billion, giving the Pa.-based company a foothold in ISO-NE.
FERC rejected a settlement for Panda Hummel Station regarding its annual revenue requirement for providing reactive service under the PJM tariff.
Andy Dodge has stepped down as director of FERC's Office of Energy Reliability, and Deputy Director David Ortiz will take over as acting director.
FERC agreed to remove market mitigation measures for Southern Co. in South Carolina, saying the utility meets the standards for market-based rate authority.
PJM transmission owners provided no evidence that they are having difficulty raising capital but insisted the law was on their side in their bid to rate-base network upgrades.
The Government Accountability Office called for more action from the federal government to ensure the resilience of the nation's electric grid.
Panelists dissected FERC’s proposed rulemaking on transmission planning and cost allocation, noting what the commission left out and the challenges ahead.
NERC asked FERC to approve tapping financial reserves for its office move and to deny a complaint by security activist Michael Mabee.
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