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 approved PJM’s updated annual cost responsibility assignments for projects in the Regional Transmission Expansion Plan over the objections of ODEC.
The growth of DER means the MISO grid will become increasingly fraught with planning challenges that require target responses, stakeholders heard.
CAISO’s load conformance practices do not inappropriately deny generators shortage pricing, FERC said in response to a challenge by NRG.
FERC approved ISO-NE’s November 2019 filing of information related to qualification of resources to participate in Forward Capacity Auction 14.
Despite PJM cancelling its capacity auction and parting ways with its CEO, CFO and general counsel, 89% of members are satisfied with the RTO's performance.
FERC denied SPP’s request for a rehearing of the commission’s 2019 order that the RTO provide refunds of credit payment obligations.
PJM's meetings had discussions on opportunity costs, collateral requirements, resource adequacy and TOs' controversial plans for reducing critical assets.
FERC Commissioner Bernard McNamee voted not to act on the Jordan Cove LNG export facility, resulting in a surprise at tightly scripted open meetings.
FERC largely approved the Order 845 compliance filings for CAISO, NYISO and a handful of utilities, though none of the entities received perfect marks.
FERC narrowed the resources exempt from NYISO’s buyer-side market power mitigation rules, ordering the ISO to subject storage and DR to a minimum offer floor.
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