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 approved tariff revisions and modifications to the joint operating agreement between MISO and SPP that will enshrine a structural and cost-allocation framework for the five projects in their Joint Targeted Interconnection Queue portfolio.
FERC and a group of regulators from 10 states began discussing gas-electric coordination at the first meeting of the new Federal-State Current Issues Collaborative.
The NARUC board adopted a resolution emphasizing the role GETs and high-performance conductors can play in reducing customer costs and improving reliability.
NERC leadership is considering using its authority to streamline the development process on another standard, a member of the ERO's management said.
FERC approved a PJM waiver request to offset the RTO’s capacity auction schedule by six months starting with the 2026/27 Base Residual Auction.
With President-elect Donald Trump promising to "dismantle the deep state," former FERC Chair Neil Chatterjee's social media post offering "insight on who to keep and who to remove" led to worries about the continued independence of the agency.
Change is coming to FERC after Tuesday's election, but the policies the agency oversees are rarely top of mind during campaigns, so it is unclear how much will be different.
NERC submitted five reliability standards to FERC this week as the first tranche of rules governing inverter-based resources mandated in an order last year.
FERC accepted SPP’s tariff revisions that add a winter season resource adequacy requirement for load-responsible entities, extending its summer RA requirement.
NERC released the final draft installments of the ITCS this week, identifying 35 GW of prudent transfer capability additions.
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