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 accepted ISO-NE’s compliance proposal for Order 2023, setting the stage for sweeping changes to the RTO’s interconnection procedures.
The Edison Electric Institute, GridWise Alliance and WIRES asked FERC to end a proceeding that has been open for five years to consider cuts to transmission incentives.
After invoking its Section 321 authority to streamline the normal stakeholder process, NERC's Board of Trustees voted to submit a new cold weather standard to FERC for approval.
FERC Chair Mark Christie and Commissioner Judy Chang downplayed the current political environment’s impact on the agency, saying the commission’s role is to follow the law and ensure the fairness of procedures.
FERC gave MISO the go-ahead to set its value of lost load at $10,000/MWh by early fall, nearly three times as high as the current $3,500/MWh value.
FERC plans to rule on ISO-NE’s compliance proposal for Order 2023 on or before April 4, the commission announced in a short notice.
NERC responded to comments on the Interregional Transfer Capability Study by explaining its analysis process and defending some of its scoping decisions.
In comments on a FERC investigation, PJM said there are several pathways to bolster the ability for large consumers to benefit from co-locating with generators.
The D.C. Circuit rejected an appeal of FERC's approval of two pipelines in Louisiana tied to a planned LNG site.
FERC approved filings by two Massachusetts utilities establishing distribution fees for standalone electric energy storage systems that connect to the distribution system but participate in ISO-NE wholesale markets.
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