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.
Constellation Energy
Hoping for a mild winter is not a sustainable plan for reliability, FERC Chairman Willie Phillips said at a NEPOOL Participants Committee meeting.
Wabash Valley Power Alliance
FERC issued an order rejecting supply contracts Wabash Valley Power Alliance had filed and set its tariff for hearings to determine whether it violates the commission's unbundling rules.
Black Hills Corp.
FERC approved a $150,000 civil penalty on Black Hills Corp. and three subsidiaries for failing to timely file 103 jurisdictional agreements.
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Speakers on an ACORE webinar warned that the national security risks of electricity outages at military bases is unappreciated.
NERC
FERC accepted changes to Texas RE's regional standards development process intended to give the RE more flexibility and align it with NERC.
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The 3rd U.S. Circuit Court of Appeals upheld FERC's 2021 approval of PJM's tightened minimum offer price rule, which removed a requirement that resources receiving state subsidies be mitigated to their cost-based offer.
Potomac Economics
Critics of the Southeast Energy Exchange Market say after a year of operations, it has failed to meet many of the promises of its sponsors.
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FERC upheld its ruling on a series of updates to ISO-NE’s Inventoried Energy Program which could result in larger payments for generators to keep stored fuel on-site as a grid reliability backstop.
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FERC approved new rules intended to streamline NERC's reliability standard development process.
© RTO Insider LLC
FERC approved an agreement among Versant Power, the Maine Public Utilities Commission and the Office of the Public Advocate related to improperly classified expenses that resulted in the overbilling of wholesale transmission customers.
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