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.
The D.C. Circuit Court of Appeals has vacated FERC’s decision to order PJM to rerun its 2024/25 capacity auction without a tweak to the parameters for the DPL South zone.
Tenaska Power Services, the parent company of Berkshire Power at the time of the violations, has agreed to pay a $51,000 penalty to the U.S. Treasury and $78,354 plus interest in disgorgement to ISO-NE.
PJM presented stakeholders with an initial look into the first of a handful of compliance filings it is drafting to define how co-located large loads receive transmission service.
FERC defended Order 1920 against appeals in a brief filed Jan. 5, saying the transmission planning and cost allocation rule is firmly within its authority and builds on previous pathbreaking rulemakings like Orders 888 and 1000.
In a settlement over violations of a regional standard, Texas RE determined that Luminant will not have to pay a monetary penalty.
FERC accepted SPP's tariff revisions that establish subregions for the cost allocation of future byway projects under its highway/byway methodology.
Flexibility will be a core attribute of the various scenarios and solutions being discussed to meet the snowballing estimates of U.S. electric power demand, says columnist K Kaufmann.
FERC revoked the operating license for a troubled dam in Michigan’s Upper Peninsula, citing a failure to address safety issues that could cost lives and the owner’s loss of land in bankruptcy proceedings.
Columnist Steve Huntoon predicts that the independent federal agencies like FERC will survive the Supreme Court’s revisiting of Humphrey’s Executor v. United States.
The defining story of the coming year will be the widening chasm between electricity supply and demand, a dynamic driven by a slow-moving supply side, coupled with the explosive growth of energy-hungry data centers, says columnist Peter Kelly-Detwiler.
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