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.
FERC approved a controversial MISO proposal to create a fast lane for certain reliability-related projects in the RTO’s interconnection queue — just two months after rebuffing an earlier version of the plan.
FERC sided with MISO IMM David Patton, denying a petition from MISO that would have prevented the RTO from reimbursing the Monitor for reviewing the market impact of transmission planning.
The White House has nominated David LaCerte to FERC for the remainder of the term expiring June 30, 2026. The seat became open when Willie Phillips resigned.
Clean Grid Alliance claims new information MISO has released on its interconnection queue fast lane definitively shows the plan would be detrimental to independent power producers and should be rejected by FERC.
FERC approved NYISO’s tariff revisions that change the mechanism by which generators opt in to the “firm fuel” capacity accreditation resource class, enable modeling improvements related to natural gas constraints and update the bidding requirements for capacity suppliers.
FERC has a tightrope to walk in balancing the requirements of a White House executive order requiring sunset clauses in regulations pertaining to energy, some of which are foundational to the economic regulation of electricity, while keeping its response in line with the Administrative Procedure Act.
Comments about FERC's technical conference argued for a variety of reforms to address resource adequacy.
The D.C. Circuit denied a review of a FERC decision that allowed SPP to incorporate transmission facilities into one of its pricing zones, spreading the costs to the zone’s customer base.
FERC Commissioner Judy Chang, in a speech at WIRES' summer meeting, laid out how the major issues facing the power industry are related and how important it is to the future of competition that they are addressed correctly in the long term.
MISO said it no longer will recognize energy efficiency as a capacity resource beginning with the 2026/27 auction.
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