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.
The D.C. Circuit found the commission appropriately approved a new pipeline in Indiana meant to serve new natural gas generation that the state approved.
FERC authorized another penalty concerning demand response violations in the MISO capacity market, this time approving an $18 million settlement over Voltus reportedly falsifying registrations and overstating capacity from 2017 to 2021.
ISO-NE’s multiyear effort to overhaul its forward capacity market likely will continue to dominate ISO-NE and NEPOOL work in 2025.
The direction FERC takes during President-elect Donald Trump’s second term is up in the air, but the commission may spend some of its time attempting to cut costs to consumers.
FERC has opened hearing and settlement procedures into the more than half-billion dollars We Energies is asking customers to foot for the early retirement of the coal-fired Oak Creek Power Plant.
Protests and endorsements have turned up in response to MISO’s second attempt with FERC to annually cap project submittals to its interconnection queue based on a megawatt value.
New England transmission owners no longer can require interconnection customers to pay operations and maintenance costs for required system upgrades, FERC has ruled.
Pennsylvania Gov. Josh Shapiro filed a complaint with FERC on behalf of the state asking the commission to revise how the maximum clearing price in PJM's capacity auction is determined.
Investor owned utilities have filed requests for rehearing of Order 1920-A, arguing accommodations for states intrude on their rights to file rates under the Federal Power Act.
PJM stakeholders have endorsed changes to accounting of demand response in load forecasts, among other actions.
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