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 halted PJM’s plan to run its capacity auction next month hours after the MRC reaffirmed the RTO’s decision to move forward as planned.
Regulators should preserve the multiple incentives currently offered to transmission developers, former FERC commissioners said.
FERC reaffirmed that Pacific Gas & Electric participates voluntarily in CAISO and qualifies for hefty financial incentives to remain in the ISO.
FERC reduced paperwork for electricity sellers with market-based rate authority, while Commissioner Richard Glick dissented on connected entities.
MISO and SPP regulators are considering an analysis of the interregional planning process to supplement the seams coordination analysis already underway.
FERC upheld penalties PJM imposed against CPV's Woodbridge Energy Center for violating its fuel cost policy in January 2018.
FERC affirmed a previous ruling that found three ITC Holdings subsidiaries were no longer fully independent, disqualifying them from a transco adder.
MISO will still pursue major aspects of a transmission proposal that FERC rejected, but is debating keeping its proposed local economic project type.
Current and former colleagues gathered at FERC headquarters to praise departing Commissioner Cheryl LaFleur, whose term ends Aug. 31.
MISO is wagering that proposed rule changes will cut down on the time and expenses spent evaluating transmission proposals.
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