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.
Idaho Power
FERC approved CAISO tariff revisions that will allow transmission owners to recover transmission revenue shortfalls attributed to transitioning their assets into the Extended Day-Ahead Market.
NYISO
Emily Chen, an analyst with FERC’s Office of Energy Market Regulation, gave a briefing on Orders 1920 and 1977 to members of the NYISO Management Committee during a joint meeting with the ISO’s Board of Directors.
Xcel Energy
FERC authorized an exception to MISO’s interconnection rights transfer process, allowing two Xcel Energy subsidiaries to cooperate on a replacement of a coal-fired plant with a solar farm.
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PJM’s Market Implementation Committee endorsed by acclamation a proposal to add two energy market parameters for economic demand response.
SPP
SPP filed bylaw amendments at FERC to place seven Western entities under its tariff that, if approved, will make the RTO the first grid operator with markets in both major interconnections.
Dynegy
Nearly a decade after the MISO capacity auction in which Dynegy was found to have manipulated clearing prices, FERC has directed hearing and settlement procedures in the case.
Western Power Pool
FERC approved tariff revisions by Berkshire Hathaway Energy subsidiaries PacifiCorp, Nevada Power and Sierra Pacific Power that will enable the utilities to earn market-based rates when participating in the WRAP.
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Speaking at the Exelon Innovation Expo, Phillips stressed FERC Order 1920's innovative approach to long-term planning for regional transmission, with a focus on reliability, affordability and sustainability.
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President Joe Biden’s three nominees to FERC are set for a floor vote as soon as next week with Senate Majority Leader Chuck Schumer (D-N.Y.) filing cloture on them.
National Grid Renewables
MISO said new queue entries must wait while it takes another swing at imposing an annual megawatt cap on its interconnection queue.
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