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.
Avangrid moved closer to completing its acquisition of PNM Resources as FERC approved the deal, turning aside Farmington, N.M. protests.
NextEra Energy said its acquisition of GridLiance furthers its strategy to be “North America's leading competitive transmission provider.”
The Western EIM Governing Body rejected CAISO’s proposal to head off summer capacity shortfalls by limiting wheel-throughs during times of scarcity.
FERC approved incentive rates for a project to upgrade the Citizens-S Line, an 18-mile wooden-pole transmission line in Southern Calif., to steel towers.
FERC heard from affected communities, landowners, consumer advocates and others on how to set up its new Office of Public Participation.
FERC Chair Richard Glick and NERC CEO James Robb: The West needs to build transmission lines to connect renewable resources to load.
FERC affirmed that NYTOs have a federal right of first refusal to build, own and recover the costs of upgrades.
MISO
FERC approved several interconnection and facilities service agreements submitted by MISO to comply with a 2019 commission ruling.
MISO’s leadership has offered additional justification on its request to delay until 2025 incorporating energy storage resources into its markets.
Waymarking
FERC ruled last week that pseudo-tied loads and resources between MISO and SPP are subject to overlapping congestion charges.
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