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.
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Ruling on a series of complaints dating back to 2011, FERC ordered a reduction in the return on equity for the New England transmission owners, cutting the rate from 10.57% to 9.57%.
We Energies
FERC conditionally approved SPP’s tariff revision to implement a system support resource program to ensure the transmission system’s reliability when a generating resource seeks to retire.
NIPSCO
FERC granted a MISO Midwest-wide cost allocation for Northern Indiana Public Service Co.’s and CenterPoint Energy’s coal plants kept online by order of the U.S. Department of Energy.
Shutterstock
FERC approved a slate of updates to NERC's Critical Infrastructure Protection standards intended to improve grid security while enabling the use of new technologies.
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FERC approved changes to electronic quarterly reports, which are required of market participants and help track rates and charges of the firms it regulates.
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The agreement announced March 18 is valued at $5 billion before closing adjustments, or approximately $1,142/kW of capacity.
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PJM updated stakeholders on how it plans to act on a FERC order requiring it to rework how it determines transmission rates and recalculate rates going back to June 2015.
FERC Commissioner Rosner’s Concurrence in SPP, Inc.
FERC conditionally approved SPP’s streamlined generator interconnection and long-term planning processes in what commissioners said is a “bold step” in addressing the needs of the electric system.
ISO-NE
FERC initiated a show-cause proceeding based on concerns about the lack of provisions in the RTO’s tariff enabling corrections to incorrect payments to or from market participants.
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“Massive change, massive challenges, massive opportunities,” SPP CEO Lanny Nickell said in kicking off the grid operator's second Energy Synergy Summit that focused on meeting data center growth.
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