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.
Regulators of MISO states are mulling whether they should work together to offer up an entirely new cost allocation for the RTO’s long-range transmission projects.
Markets+ stakeholders will have little opportunity to ease up in coming months despite a wave of favorable developments for the market.
FERC has denied a solar developer's waiver request for a 24-month extension of its commercial operation deadline for a planned facility in northwestern Louisiana.
A large confederation of consumer groups defended its complaint against local transmission planning processes, arguing FERC needs to address the issue of increasing spending in the often lightly regulated space.
Stakeholders urged FERC to consider reliability and consumer costs when weighing approaches to co-located large loads.
A collective of consumer groups has invoked a recent letter from the U.S. Department of Justice in an attempt to get FERC to act on its three-year-old complaint against MISO deferring to state right of first refusal laws in regional planning.
FERC’s approval of SPP’s Markets+ funding agreement and its recovery mechanism came as backers of the Western centralized day-ahead market were meeting with the snow-capped Rockies as a backdrop.
ACORE released a report arguing that transmission planners need to take advantage of advanced technologies and can do so as they implement FERC Order 1920.
FERC approved SPP’s $150 million funding agreement for Markets+ and the funding mechanisms under which the RTO will finance the implementation phase of the market’s development.
FERC approved a PJM proposal to limit capacity prices to between $175 and $325/MW-day for the next two Base Residual Auctions, resolving a complaint from Pennsylvania Gov. Josh Shapiro.
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