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 will accept comments until Feb. 19 on price formation in RTO and ISO energy and ancillary services markets.
MISO has asked FERC for a rehearing of its order requiring the RTO to modify the way it calculates the hurdle rate for determining whether to allow power flows between its north and south regions.
FERC granted PJM’s request to increase the cost-based energy offer cap to $1,800/MWh through March.
FERC yesterday asked the Supreme Court to overturn an appellate court ruling voiding its authority to demand response in RTOs, a day after PJM filed a contingency plan for including DR in its upcoming capacity auction.
SPP is seeking FERC approval for a revised Tariff that the RTO says will more accurately screen generators for market power abuses.
News briefs on the federal agencies that impact those doing business in the RTO footprints. This week we include the Energy Department, the Surface Transportation Board and the BOEM.
The RTO stakeholder process came under fire last week at a FERC technical conference on the treatment of financial transactions in PJM.
FERC accepted a request by MISO transmission owners to implement a 50-basis-point adder as an incentive for RTO membership.
Some coal-fired power plants at risk of retirement under the EPA’s carbon emission rule could survive thanks to renewable energy, according to a PJM study.
The EPA will delay its three proposed carbon emission rules until mid-summer, as it coordinates their release to address new, existing and modified power plants during the same time frame.
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