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February 24, 2026

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.
Constellation
NEPGA Seeks Relief for ‘Improper’ Pay-for-Performance Costs in ISO-NE

The New England Power Generators Association is seeking immediate action from FERC to address what it calls “serious flaws” in the design of ISO-NE’s pay-for-performance mechanism.

MISO
Vistra to Pay $38M to Settle Decade-old MISO Capacity Market Manipulation Case
Vistra has agreed to pay $38 million to wind down a long-running FERC inquiry into whether it manipulated prices in MISO’s 2015/16 capacity auction.
ORU
FERC Approves NPCC’s $102K Penalty Against ORU
Consolidated Edison subsidiary Orange and Rockland Utilities will pay $102,000 to the Northeast Power Coordinating Council for violations of NERC reliability standards.
CAISO
FERC Affirms Use of RTO Adder for CAISO Tx Developer
FERC affirmed the ability of an independent transmission developer to include an RTO adder in its CAISO formula rate, rebuffing a request by the California Public Utilities Commission to reject the company’s use of the incentive.
Hanson Inc.
Ameren Argues Exclusive Rights to MISO Illinois Competitive Tx Projects
Ameren Illinois argued to FERC that it should have dibs on sections of two competitive long-range transmission projects worth almost $2 billion from MISO’s second portfolio, claiming Illinois’ “first in the field” doctrine is tantamount to a right of first refusal law.
WER Architects-Planners
SPP ERAS GI Requests to Begin in September
SPP notified stakeholders that the one-time expedited resource adequacy study process will open its window for fast-track review requests will open in September 2025.
PJM
FERC-State Collaborative Examines RTO/ISO Governance Issues
FERC and state regulators examined issues around ISO/RTO governance during a meeting of the Federal-State Current Issues Collaborative in Boston, with members from PJM pushing for the biggest changes.
FERC
NERC Requests Clarity on FERC’s INSM Order
NERC asked FERC for additional clarity on a key term in its order directing modifications to the latest critical infrastructure protection standard.
U.S. Army Corps of Engineers
BPA Customers to See Increased Power, Transmission Rates
Customers of the Bonneville Power Administration will see power rates increase by about 8-9% over the next three years while transmission rates will jump by an average of nearly 20%, the agency said.
FERC
FERC Approves IBR Ride-through Standards
FERC approved two new reliability standards mandating voltage and frequency ride-through requirements for inverter-based resources.

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