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.
Clean energy nonprofits continued to try to persuade Entergy and MISO South state commissioners to embrace a broader view of cost allocation for an upcoming long-range transmission portfolio the RTO intends for the subregion.
The NYISO Transmission Planning Advisory Subcommittee criticized an ISO proposal to include CEII protection requirements.
MISO’s Market Subcommittee will assist MISO in drafting tariff requirements to discourage market participants from committing fraud in MISO’s demand response market.
FERC rejected SPP's tariff revisions that would modify the adder for uncertainty of expected costs for offers above $1,000/MWh.
Talen Energy’s deal to carve out capacity from its Susquehanna Nuclear Plant to serve a growing data center on its site drew protests at FERC from other parties who argued the deal and others like it could shift costs and threaten reliability.
The 11 new standards are intended to allow for safe adoption of new technologies on the electric grid.
SERC and NPCC assessed a combined $246,000 in penalties against two utilities for violations of NERC reliability standards.
The D.C. Circuit directed FERC to review a series of 2022 orders requiring wholesale electricity sellers in the West to refund a portion of the high prices they earned during an August 2020 heat wave.
FERC approved ISO-NE’s proposal of a new process to solicit, select and allocate costs for transmission projects that address needs identified in long-term planning studies.
FERC approved LS Power’s purchase of an 810-MW natural gas plant in central Pennsylvania despite some qualms from PJM’s Independent Market Monitor.
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