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.
FERC
FERC released the latest iteration of its Common Metrics Report on ISO/RTO markets, which evaluates their performance and benefits.
Shutterstock
FERC approved the return of $13.6 million in penalties it had collected from BP over a case of alleged manipulation of Houston Ship Channel natural gas prices after Hurricane Ike in 2008.
Stefan Andrej Shambora, CC-BY-2.0, via Wikimedia
FERC accepted the retirement of a requirement that industry found confusing in previous versions of the standard.
State of Massachusetts
FERC approved ISO-NE’s proposal to create a day-ahead ancillary services market and retire the current Forward Reserve Market, effective March 1, 2025.
Minnesota Solar Energy Industries Association
MISO confirmed it likely will try again with FERC in the third quarter to apply an annual megawatt cap to its interconnection queue.
© RTO Insider LLC
FERC approved a $75,000 penalty against American Transmission Company for violating NERC's reliability standards.
Sun Valley Solar Systems
Solar advocates petitioned FERC to take enforcement action against SRP for setting rates that allegedly discriminate against customers with rooftop solar.
NYISO
FERC granted NYISO a waiver allowing a temporary suspension of tariff rules for its interconnection study processes to assist developers and facilitate a smoother transition to the procedures prescribed by Order 2023.
Propel NY Energy
The New York Public Service Commission requested a rehearing of FERC’s December order granting a 50-basis-point RTO participation adder for the Propel NY Energy transmission project.
FERC
FERC and the Nuclear Regulatory Commission convened a joint meeting to looking into issues of common interest, including the rollout of advanced reactors and grid reliability.
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