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.
IBEW
MISO has plans to test its hypothesis that benefits from long-range transmission projects built in Midwest won’t deliver benefits to the South.
© RTO Insider LLC
FERC said a MISO transmission owner cannot duck refunds stemming from the commission’s recent decision to implement a 10.02% return on equity.
NYISO
NYISO presented stakeholders with updates on its Grid in Transition initiative and a 2022 Master Plan for managing the changes to market rules.
E.ON
Reversing course, FERC said PJM did not have to pay an Illinois wind farm $10 million in incremental capacity transfer rights for delivery year 2019/20.
Coolcaesar, CC BY-SA-4.0, via Wikimedia
FERC approved settlements between WECC, Southern California Edison and Black Hills Power for violations of NERC reliability standards.
PJM
FERC ordered hearing and settlement procedures in response to industrial customers’ protest of PJM's proposed revisions to its administrative rates.
Shutterstock
FERC accepted a second round of changes from CAISO's stakeholder initiative on hybrid resources, including a contested exemption for renewables plus storage.
The Brattle Group
Texas regulators have reached consensus on lowering ERCOT's high systemwide offer cap to $5,000/MWh from $9,000/MWh, a 44% reduction.
Shutterstock
FERC declined rehearing requests of its inaction on PJM’s narrowed MOPR after a 2-2 tie vote, setting up further action in appellate court.
Crowezr, CC BY-SA-3.0, via Wikimedia
FERC approved a $300,000 penalty against the Ohio Valley Electric Corp. for multiple violations of NERC's standards for vegetation management.
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