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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FERC OK'd PJM's proposal to speed up its interconnection queue by handling requests through a new clustered approach that prioritizes ready-to-build projects.
NWPP
FERC asked for more information on the Western Resource Adequacy Program, including how it would accommodate participants without market-based rate authority.
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The IMM offered limited support for major provisions in PJM’s quadrennial review filing before FERC while urging the agency seek revisions to some proposals.
ISO-NE
ISO-NE is finalizing changes to its economic study process as it works through the NEPOOL stakeholder gauntlet.
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Two former FERC chairmen are pessimistic that MISO will be able to reign in shortages or high capacity prices anytime soon.
JERA
Federal regulators signed off on a Japanese company’s plan to buy three gas-fired generators in New England, despite opposition from consumer advocates.
Xcel Energy
FERC partially granted three complaints filed by members against SPP related to its revenue crediting process under Attachment Z2 of its tariff.
FERC
At its open meeting, FERC significantly advanced NERC’s remit to address the challenges posed by the growth of renewables on the bulk electric system.
Klamath River Renewal Corporation
FERC approved the Lower Klamath Project's license surrender, setting the stage for the largest dam removal and salmon restoration effort in U.S. history.
FERC
FERC approved 11 settlements that resulted in market participants paying a total of about $57.52 million in penalties and disgorgements for alleged violations.
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