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.
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FERC is seeking comments on a proposal to prohibit including charges associated with reactive power in transmission rates.
FERC, via Hitachi ABB Power Grids Velocity Suite
2023 began with a mild winter, setting the pace for a relatively quiet year in which natural gas and wholesale electricity prices dropped and the U.S. added a net 26 GW in generation capacity.
Sun Valley Solar Solutions
FERC declined to act on a petition that accused the Salt River Project of violating PURPA with rates that discriminate against customers with rooftop solar.
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The three nominees to be FERC commissioners faced questions from the Senate Energy and Natural Resources Committee in a hearing that was light on fireworks.
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Nearing completion of its transmission planning rulemaking, FERC said it is forming a new working group with state regulators with a focus on reliability.
NYISO
FERC approved NYISO’s proposed tariff revisions aimed at enhancing the coordination between its interconnection study processes, minimizing redundant study evaluations and streamlining study processes.
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FERC rejected Tri-State Generation and Transmission Association’s proposed rates, ruling that the cooperative failed to unbundle ancillary services as has been required since 1996.
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The 3rd Circuit vacated FERC’s order allowing PJM to revise a capacity market parameter for the DPL South zone after the 2024/25 auction had been conducted but prior to the publication of its results, ruling that it constituted retroactive ratemaking.
Transwest Express
FERC approved a proposal to allow transmission lines outside California to join CAISO under a new subscriber-funded model that avoids allocating project costs to the ISO’s load-serving entities.
U.S. House Committee on Oversight and Accountability
Former FERC Commissioner James Danly told a House Oversight subcommittee that federal subsidies overvalue some resources, while undervaluing others, putting the future of the grid at risk.
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