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.
Central Power Electric Cooperative
FERC accepted SPP’s proposed tariff revisions modifying Central Power Electric Cooperative’s formula rate template but suspended them for a nominal period subject to refund and established hearing and settlement procedures.
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Industry trade groups warned FERC against passing more stringent restrictions on investment funds’ shares in the power industry, but consumer advocates and Republican state attorneys general urged it to move forward with rule changes.
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FERC granted complaints by five utilities against CAISO, nullifying nearly $2 million in penalties for incorrect meter data reporting.
NYISO
Dozens of states have adopted emission-reduction targets aimed at fighting climate change. But how should RTOs account for those initiatives when their effects are delayed, uncertain, expensive for consumers or all of the above?
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SERC Reliability approved a slate of directors for the coming two years and heard an update on the regional entity's 2025 budget.
David Kitto, CC0 1.0 Universal, via Wikimedia Commons
The ISO/RTO Council said NERC's proposed cold weather standard is too vague to properly address the grid's winter weather concerns.
LG&E and KU
FERC upheld its May 2023 order reinstituting de-pancaking provisions in LG&E/KU’s transmission rates, now the subject of a challenge before the D.C. Circuit.
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The transition to a deregulated wholesale power market helped drive New York’s adoption of innovative energy technology and policies, panelists said at the IPPNY's 38th spring conference.
Entergy
Entergy will pay its Arkansas affiliate $142.3 million in the latest settlement in the ongoing billing disputes over the utility’s Grand Gulf Nuclear Station.
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PJM updated stakeholders on how it will proceed in the wake of a 3rd Circuit ruling vacating a FERC order allowing the RTO to revise a parameter after bids had been received for the 2024/25 Base Residual Auction.
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