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.
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FERC ruled that New Brunswick Energy Marketing does not appear to have horizontal market power in the New Brunswick balancing authority area, concluding a Section 206 proceeding that came out of a failed market share screening test.
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FERC approved NYISO’s proposed tariff revisions to more accurately accredit natural gas resources’ capacity, but the commission delayed their implementation until 2026.
MISO
MISO plans to pursue a more straightforward, 50% peak load megawatt cap to limit the number of generator interconnection requests it will accept annually.
House Energy & Commerce Committee
At full strength for the first time since the beginning of last year with the addition of Judy Chang, all five FERC commissioners appeared at a House oversight hearing during which representatives questioned them on Order 1920.
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NERC filed its performance assessment with FERC last week, highlighting its accomplishments over the last five years as ERO.
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Sens. Joe Manchin and John Barrasso introduced long-planned legislation on energy project permitting that would increase FERC’s power to approve new electric transmission.
Electric cat, CC BY-SA 3.0, via Wikimedia Commons
FERC approved granting voting rights to a member of American Electric Power’s board of directors who was appointed by investment firm Icahn Group.
Tenaska
The court rejected a wind farm’s challenge of FERC’s decision to allow SPP to charge more than $100 million for upgrades needed to connect the facility to the grid operator’s system.
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The return to demand growth in the electric power industry has been a major theme this year, and it dominated the discussion at NARUC's Summer Policy Summit.
Shutterstock
A group of utilities have filed for rehearing of a show cause order FERC issued in June that could change the practice of who pays for interconnection lines at four ISO/RTOs.
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