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 Chair Norman Bay joined a panel at ACORE's Policy Forum to discuss the opportunities for regulators to advance President Biden’s energy policies.
PJM’s Monitor sounded alarms about market power in the energy and capacity markets and said it may intervene in the RTO’s next capacity auction.
FERC explained why it would not reconsider revenue calculations in PJM’s capacity market, saying it did want to further delay the RTO's upcoming auction.
GAO urged FERC and the DOE to develop strategies for responding to increasing stresses on the electric grid from climate change.
FERC sent ISO-NE a deficiency notice regarding the RTO’s proposed rule revisions for capacity auction values, the NEPOOL Participants Committee heard.
The energy industry’s largest international gathering, CERAWeek by IHS Markit, was held virtually with “unprecedented” participation.
Ohio lawmakers are considering multiple bills to undo the $1 billion nuclear plant bailout for FirstEnergy, though none outright repeals the law.
FERC will take public input on the commission’s nascent Office of Public Participation during “listening sessions” on March 17 to 25.
FERC approved revisions to the ISO-NE tariff on recalculating the dynamic delist bid threshold for the Forward Capacity Auction.
The D.C. Circuit upheld FERC’s ruling that directed PJM to implement a new cost allocation method for transmission projects addressing stability issues.
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