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.
SPP
Potential participants in SPP’s Markets+ day-ahead offering have endorsed another batch of tariff revisions in preparation for a March filing at FERC.
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FERC is poised to levy a total $27 million in penalties on a Texas-based LLC meant to sell in-car ketchup holders that collected more than $1 million in undeserved MISO demand response payments.
NERC
NERC’s Standards Committee remains focused on meeting FERC’s deadlines, granting another waiver to authorize shortening the comment and ballot periods for the ERO’s proposed standard on internal network security monitoring.
American Clean Power Association
Multiple clean energy organizations have asked FERC to reconsider its approval of automatic penalties for withdrawing generation in MISO’s interconnection queue.
Grain Belt Express
FERC OK'd a MISO transmission connection agreement for the $7 billion, 5-GW Grain Belt Express transmission line despite protests from developer Invenergy.
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ISO-NE’s compliance proposal for Order 2023 failed to meet the voting threshold to receive support from the NEPOOL Transmission Committee.
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Attendees at a NERC forum said they are skeptical a gas reliability organization will resolve the challenges exposed by recent winter storms.
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FERC approved four rate incentives to Mid-Atlantic Offshore Development to serve offshore wind in New Jersey under the State Agreement Approach with PJM.
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PJM submitted a waiver request asking FERC to delay the 2025/26 Base Residual Auction by 35 days, which would bump the commencement to July 17.
Shutterstock
NYISO defended its proposal to set a 10-kW minimum requirement for distributed energy resources to participate in an aggregation.
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