September 30, 2024

Federal Energy Regulatory Commission (FERC)

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FERC’s Clements Gets GETs’ Benefits to Grid
FERC Commissioner Allison Clements has focused her energy on grid-enhancing technologies since joining the commission and taken a key role in helping establish appropriate incentive mechanisms.
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SERC, Duke Agree to $40K Penalty for Reliability Violations
FERC approved a $40,000 penalty against multiple Duke Energy facilities for violations of NERC reliability standards.
NRG Energy
FERC Permits Elliott to Buy up to 20% of NRG Stock amid NOI
While an inspection into its approval process plays out, FERC has allowed the Elliott Investment Management firm to buy a sizable chunk of NRG Energy stock.
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DOE Planning up to $70M in Energy Resilience Investments
The Department of Energy is seeking recipients for up to $70 million of investments into energy resilience.
FERC
Vitol to Pay $2.3M for CAISO Market Manipulation
FERC approved $2.3 million in penalties against Vitol and one of its traders for manipulating CAISO's market in 2013 to limit losses stemming from the firm's congestion revenue rights position.
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Citing California Law, FERC Rejects PG&E Request for RTO Adder
FERC rejected PG&E's request for an adder to its transmission rates based on its participation in CAISO, finding that California law precludes it from leaving the ISO without the state’s permission.
ISO-NE
FERC Approves ISO-NE’s One-Year Delay of FCA 19
FERC has approved ISO-NE’s proposal to delay Forward Capacity Auction 19 by one year, pushing the auction to February 2026.
Grid North Partners
FERC Approves Dairyland Incentives for Minn.-Wis. Transmission Line
FERC OKd Dairyland Power Coop’s requested rate incentives for the Wilmarth-North Rochester-Tremval project, a 169-mile line spanning Minnesota and Wisconsin.
Basin Electric Power Cooperative
DC Circuit Rejects LES Appeal on FERC Order
A federal appeals court rejected Lincoln Electric System’s request to review a FERC decision turning down the utility’s request to recover costs from its investment in a Wyoming generating facility.
New York Transco
FERC Approves Incentives for NY OSW Transmission
FERC approved transmission rate incentives for New York Transco’s Propel NY Energy project, but ordered settlement proceedings on its proposed base ROE of 10.7%  

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