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 will reconsider whether the 1% de minimis threshold and netting provisions of PJM's DFAX method result in fair transmission cost allocations.
Transmission owners told FERC that limiting the RTO participation adder would reduce grid investments while ratepayers called the proposal long overdue.
MISO is seeking a near-term pathway for hybrid resources in its markets while it works on a permanent participation model for storage-renewable combinations.
FERC announced it has finished work on establishing its new Office of Public Participation and that it will hire a director by Oct. 1.
FERC accepted NYISO revisions to its ORDC but rejected the supplemental reserves procurement process component.
FERC Chairman Richard Glick says "the time is right for the states, the region’s utilities and other key stakeholders" to form one or more Western RTOs.
FERC and NYISO joined an energy storage developer to discuss New York’s wholesale electricity markets' opportunities and challenges in energy storage.
Direct Connect Development Co. filed a complaint with FERC that PJM’s tariff and Operating Agreement are unjust and unreasonable.
The Efficient Grid Interconnection Act would require FERC to revise rules on cost allocation and push RTOs and ISOs to consider grid-enhancing technologies.
An appellate court rejected FERC's approval of a natural gas pipeline, saying the commission ignored its own rules on determining the need for the facility.
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