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.
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MISO has filed with FERC to alter its accounting practices amid a record number of withdrawals from its generator interconnection queue.
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FERC approved a series of revisions related to the design of CAISO’s Extended Day-Ahead Market to support market implementation and avoid disruptions to existing contracts.
Potomac Riverkeepers
A FERC proceeding seeking approval to purchase an old oil-fired power plant in southern Maryland has drawn multiple protests because its buyer wants to co-locate a data center.
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FERC accepted SPP’s tariff revisions to add an ATRR for transmission service using existing and any future facilities that Upper Missouri Power Cooperative owns and places under the RTO’s functional control.
Terra-Gen
FERC fined Terra-Gen nearly $5 million for strategically using its battery storage resources to repeatedly manipulate CAISO’s market over almost two years.
Casey Monaghan, CC-BY-SA 2.0, via Wikimedia
Vistra’s acquisition of Cogentrix Public Utilities would increase market power and could undermine competition in ISO-NE and PJM, market monitors for the RTOs argued.
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PJM estimates it may need to rebill over $1 billion in transmission charges under a FERC order requiring the RTO to eliminate the de minimis exception from the process it uses to determine transmission rates.
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Transmission owners have asked FERC to suspend competitive bidding on projects in MISO and SPP so the grid can be built out faster to accommodate the AI data center explosion.
Constellation Energy
Concerned its restart of the former Three Mile Island nuclear plant could be delayed for years, Constellation Energy is asking FERC for waivers to parts of PJM’s tariff.
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Eversource Energy and Avangrid asked FERC to pause refund obligations stemming from the commission’s recent order cutting the return on equity for New England transmission owners and requiring the companies to issue extensive refunds.
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