FERC & Federal
The Federal Energy Regulatory Commission is an independent regulatory agency that oversees the transmission of electricity, natural gas and oil in interstate commerce, as well as regulating hydroelectric dams and natural gas facilities.
FERC denied Dominion's request for rehearing of an order rejecting its challenge to ISO-NE’s 2016 Forward Capacity Auction over a paperwork error.
FERC
This week's FERC and federal briefs include news on PSEG, Department of Energy, Western Area Power Administration and other organizations.
FERC rejected the CAISO effort to refund $217 million that the ISO said were overcharged for payments to generators operating under must-offer obligations.
Electric cooperatives accused FERC of overstepping its authority by opening proceedings that could force refund obligations on nonpublic utilities, while MISO and SPP asked the commission to let them work out the issue in stakeholder proceedings.
FERC rejected the PPL (NYSE:PPL) request for a finding that it is no longer covered by the commission’s Standards of Conduct rules.
New resources that clear the ISO-NE Forward Capacity Auction will be able to begin supplying capacity earlier under a package of Tariff revisions.
FERC approved the CAISO natural gas price index used in response to the closure of the Aliso Canyon storage facility.
RTOs told FERC they are confident they will maintain reliability this winter, citing improvements in gas-electric coordination and monitoring tools.
CFTC issued a final order clarifying that RTO transactions are not subject to private rights of action.
The PJM Independent Market Monitor asked FERC on Friday to reconsider its “flawed” ruling on PJM’s financial transmission rights market.
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