October 1, 2024

Federal Energy Regulatory Commission (FERC)

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Plan Seeks to Boost Prospects for New Transmission in the West

The Western Power Pool floated a plan to revamp transmission planning in the West to spur development of the kind of large-scale transmission projects FERC’s Order 1000 has failed to produce.

PJM
PJM OKs 32% Cut in Elliott Penalties in Proposed Settlement
PJM agreed to reduce its nonperformance penalties 31.7% for generators that could not meet their capacity obligations during the December 2022 winter storm.
ISO-NE
ISO-NE Details Proposed Order 2023 Compliance
ISO-NE plans to request independent entity variations related to its operating assumptions for storage resources and the cluster study timeframe.
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PJM Board Releases Outline of Capacity Market Changes
PJM's Board of Managers has adopted a variant of the RTO annual capacity market CIFP proposal, which includes changes to risk modeling, accreditation and capacity performance.
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DOE, FERC Outline Plans for Possible Government Shutdown
FERC and DOE have plans in place they might have to use this weekend in the event Congress fails to fund the federal government, forcing its closure.
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FERC Rebuffs PJM, SPP on FTR Credit Rules

FERC remained dissatisfied with PJM’s and SPP’s FTR credit policies, while ending inquiries into those of CAISO, ISO-NE and NYISO.

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FERC OKs MISO Removal of Annual Reviews for Long-term Tx Projects
MISO is off the hook as far as having to conduct annual cost-benefit analyses for its major transmission projects, FERC has ruled.
CrossingLights, CC-BY 4.0, via Wikimedia
FERC Directs J.P. Morgan to Declare Affiliations of Two Holding Firms
FERC issued an order that J.P. Morgan Investment Management qualified as an affiliate of Mankato Companies and IIF US Holding 2, through which it is tied to other firms including El Paso Electric.
State of Massachusetts
ISO-NE Must Include Pumped Hydro in Inventoried Energy Program, FERC Rules

FERC sided with Brookfield Renewable in the company’s complaint against the RTO. The IEP is intended to compensate resources for storing extra fuel.

 
Farragutful, CC BY-SA 4.0, via Wikimedia Commons
FERC Approves PJM Cost Recovery for NERC Penalty
FERC agreed that PJM could recover a $140,000 penalty for violating NERC reliability standards from ratepayers.

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