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.
Transmission owner GridLiance Heartland has gained access to the MISO system through an acquisition of transmission lines in Illinois and Kentucky.
FERC will allow the Transmission Agency of Northern California to convert capacity on a line into “option” congestion revenue rights in the CAISO market.
Has FERC made a case that cooperatives, municipal utilities and vertically integrated utilities that self-supply suppress capacity prices?
ODEC and other self-supply load-serving entities in PJM argue FERC's order to expand the MOPR will undermine their roles in local economic development.
FERC rejected SPP’s request to eliminate Z2 revenue credits for sponsored transmission upgrades, allowing the RTO to submit a revised proposal.
Transmission owners defended PJM’s, ISO-NE’s and SPP’s immediate-need reliability projects while states said they are frustrating FERC Order 1000’s intent.
SPP
FERC partially accepted SPP’s compliance filing to Orders 845 and 845-A, directing the RTO to submit further changes.
Energy Trading Institute
The ISO/RTO Council asked FERC to reject financial traders’ request to update RTO credit policies, saying it would upset stakeholder proceedings.
Entergy must provide a clearer rationale before it will be allowed to include a line item for pension costs in its rate base, FERC ruled.
FERC declined to rehear its order directing PJM to allow two merchant transmission operators to convert some transmission withdrawal rights to non-firm.
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