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 made additional alterations to its orders approving ISO-NE’s cost-of-service contract with Exelon’s Mystic Generating Station.
FERC handed SPP an early Christmas present when it approved the RTO’s second version of a tariff for its five-minute WEIS market.
PJM's Markets and Reliability and Members Committees met to discuss market rules, tariff revisions and elect several new members.
FERC authorized the installation of a new general partner and transfer of ownership interests in the IFF that acquired EPE earlier this year.
FERC ruled that Tri-State G&T has only partially complied with Orders 845 and approved Basin Electric Power Cooperative’s revised market-based rate tariff.
FERC rejected a PJM joint stakeholder proposal regarding EOL projects, siding with transmission owners who argued the proposal violated their rights.
FERC ordered PJM to make an additional compliance filing on its rules for fast-start resources, saying the RTO’s proposal gave itself too much discretion.
FERC Commissioners Neil Chatterjee and Richard Glick rejected an effort by Chairman James Danly to take CAISO to task for rolling blackouts.
FERC ruled that all fuel cells that use waste heat in an integrated fuel reforming process qualify as cogeneration facilities under PURPA.
FERC proposed revisions to its policy statement on natural gas price indices to improve the participation in and formation of the indices.
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