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
FERC's State of the Markets report showed lower wholesale energy prices but growing demand and higher capacity prices that signal a need to meet the coming load.
Capital Power
FERC approved a $528,000 settlement that ends a dispute between EDF Trading North America and CAISO over fuel cost recovery.
Wtshymanski, CC BY-SA 3.0, via Wikimedia Commons
FERC granted rate incentives for the priciest project to come out of MISO’s 2024 Transmission Expansion Plan, setting off friction between commissioners.
SPP
FERC accepted SPP's proposed tariff revisions that will incorporate seven Western Interconnection entities as transmission-owning members of the RTO.
NERC
NERC's Standards Committee heard an update on the progress of the ERO's cold weather standard and efforts to develop guidance for trustees' next invocation of Section 321.
Cheniere
The D.C. Circuit Court of Appeals has reversed its vacatur of FERC's approvals of two LNG export facilities in Texas.
SEEM
FERC sided with supporters of the Southeast Energy Exchange Market after hearing arguments from opponents, saying the market does not qualify as a loose power pool.
© RTO Insider
FERC is expected to rule on SPP’s proposed tariff revisions adding a winter season resource adequacy requirement and several other issues related to the grid operator.
© RTO Insider
Even if demand forecasts from new data centers are twice as large as what ends up being built, the growth is going to be at a scale where the power industry’s regulations need to change to keep up with it, former FERC Commissioner Allison Clements said.
© RTO Insider
FERC approved including additional expense accounts in New York Transco’s new company-wide formula rate over the protests of the Public Service Commission and New York City.
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