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 said its revised interpretation of accounting rules supports a rehearing request from developers of the abandoned PATH transmission project.
FERC approved NYISO’s proposal to allow aggregations of distributed energy resources to participate in its markets.
PJM objects to a Tariff attachment before FERC that would create a new confidential process to mitigate critical infrastructure on NERC’s CIP-014-2 list.
FERC will hold PJM’s fast-start pricing compliance filing in abeyance until July 31 in order to give the RTO time to resolve certain issues.
FERC granted Helix Ravenswood a limited waiver under NYISO’s Tariff to retain its CRIS rights for its deactivated gas turbines in New York City.
FERC Commissioner Bernard McNamee said he would not seek another term, opening up another slot on the commission for the White House and Senate to fill.
FERC declined to reconsider two orders upholding NEPOOL’s gag rule but allowing an RTO Insider reporter to join the organization’s End User sector.
A PJM official urged officials to embrace carbon pricing rather than exit the capacity market in response to FERC expanding the minimum offer price rule.
PJM industrial customers said buying and selling RECs shouldn’t count as subsidies in the capacity market, urging FERC to reconsider its definition.
Former FERC chairs celebrated two decades of RTOs with a call on legislation to increase interregional transmission and price carbon emissions into markets.
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