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 ordered PJM and NYISO to revise their tariffs to allow fast-start resources to set clearing prices, saying current rules are not just and reasonable.
ISO-NE will not alter its energy efficiency performance standards outside the stakeholder process, FERC reassured stakeholders Tuesday.
FERC handed PJM a mixed ruling onrevisions intended to equalize the cost recovery treatment of gas-fired plants with that of other thermal generators.
The U.S. Supreme Court declined to hear challenges to Illinois’ and New York’s nuclear subsidies, leaving standing appellate court rulings.
PG&E Corp. said that former FERC Commissioner Nora Mead Brownell would be its new board chair and that Jeffrey Bleich would chair its utility subsidiary.
A federal judge asked lawyers to find common ground in a case that pits Pacific Gas & Electric against FERC over billions in power purchase agreements.
FERC rejected RTO Insider’s bid to force the New England Power Pool to open its meetings to the public and press, saying it lacked authority to act.
PJM will move forward with its August capacity auction under current market rules, unless FERC says otherwise, CEO Andy Ott told stakeholders.
FERC issued deficiency letters to all six jurisdictional RTOs and ISOs over their proposed energy storage rules, pressing for definitions, tariff citations and other details.
FERC denied the New York Department of Environmental Conservation's request for rehearing and stay on the Northern Access natural gas pipeline.
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