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.
NextEra Energy Resources
FERC accepted an unexecuted facilities service agreement between SPP, Southwestern Public Service and Ponderosa Wind, finding it to be just and reasonable.
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FERC’s enforcement powers have been impacted by recent court cases, and the commission itself has some new priorities, experts said at an EBA panel Friday.
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Utility regulators should not view planning for the grid’s transition as a political act, FERC Commissioner Allison Clements told the EBA's annual meeting.
NERC
NERC's Board of Trustees on Thursday approved the organization’s first-ever Level 3 alert at its quarterly meeting.
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Biden may not agree with all provisions in Sen. Manchin’s permitting bill, but he will support it to start negotiations in the Senate, a key adviser said.
Shutterstock
Vanguard’s request for an extension of its authorization to procure utility securities went into effect as FERC’s commissioners apparently split 2-2.
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RTOs should reconsider the practice of relying on single clearing price mechanisms in their markets, FERC Commissioner Mark Christie argued in an article.
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DOE wants to accelerate transmission projects under development by designating their proposed routes as National Interest Electric Transmission Corridors.
ISO-NE
FERC ordered ISO-NE to reconsider its market mitigation rules because of an “unanticipated and highly atypical” situation that pushed prices higher Dec. 24.
NextEra Energy
FERC last week told MISO it must provide more details around its plan to exclude wind and solar generation from supplying ramping service.
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