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.
The Biden administration will open a new area off Long Island to offshore wind development and set a goal of 30 GW by 2030.
U.S. Senate
Policymakers discussed the US' potential for advanced nuclear power at a hearing of the Senate Energy and Natural Resources Committee.
Nuclear energy is not only one component but “key” to the world’s carbon-free future, Nuclear Energy Institute CEO Maria Korsnick said.
PJM’s minimum offer price rule is living on borrowed time if the comments at FERC’s technical conference on capacity markets are any guide.
The House Energy and Commerce Committee considered the LIFT Act, which would allocate $312 billion for building and upgrading electric infrastructure.
Landowners told FERC that they doubted its new Office of Public Participation would improve the commission’s decision-making on natural gas infrastructure.
FERC found the tax relief granted to a solar farm being constructed in Virginia does not fall under PJM’s MOPR or qualify as a state subsidy.
FERC granted MISO permission to embed the production costs of providing spinning reserves in its market prices.
FERC ordered PJM to revise its market seller offer cap to prevent sellers from exercising market power in the RTO’s capacity market.
A hearing on the CLEAN Future Act provided a view of the wide gap in policy objectives between Democrats and Republicans.
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