Federal Energy Regulatory Commission (FERC)
PJM
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 plans to request independent entity variations related to its operating assumptions for storage resources and the cluster study timeframe.
© RTO Insider LLC
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.
© RTO Insider LLC
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.
© RTO Insider LLC
FERC remained dissatisfied with PJM’s and SPP’s FTR credit policies, while ending inquiries into those of CAISO, ISO-NE and NYISO.
© RTO Insider LLC
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 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
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 agreed that PJM could recover a $140,000 penalty for violating NERC reliability standards from ratepayers.
FERC/NERC
FERC and NERC called for completing winterization standards and strengthening natural gas infrastructure in response to widespread outages last Christmas.
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