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.
OG&E
FERC rejected SPP's tariff revisions that would modify the adder for uncertainty of expected costs for offers above $1,000/MWh.
Jakec, CC BY-SA 4.0, via Wikimedia Commons
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.
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The 11 new standards are intended to allow for safe adoption of new technologies on the electric grid.
Stuartmj, CC BY-SA 4.0, via Wikimedia Commons
SERC and NPCC assessed a combined $246,000 in penalties against two utilities for violations of NERC reliability standards.
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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.
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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.
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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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Industry leaders, experts, policymakers and regulators gathered near the nation’s capital to discuss how recent FERC orders will affect regional transmission planning, cost allocation, permitting and other issues.
Dominion Energy
FERC granted a complaint from Dominion Energy to allow planned capacity resources to shift their participation from the Fixed Resource Requirement alternative to the Reliability Pricing Model capacity market.
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FERC is getting an early taste of life without Chevron deference after the Supreme Court remanded a case involving the Public Utility Regulatory Policies Act back to an appeals court.
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