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.
PG&E named the former head of the TVA as its CEO and assembled a “refreshed” board of 13 directors including people with FERC and EIM experience.
Stakeholders are urging PJM’s Board of Managers to reschedule the upcoming capacity auction given the growing pile of FERC rulings not yet decided.
A ISO-NE whitepaper attempts to chart a course for the RTO to develop new market-based solutions to overcome New England’s energy security challenges.
FERC rejected a CAISO plan to change incentive rules under its resource adequacy mechanism for wind and solar generation.
MISO must flesh out more details around its already lengthy proposal for allowing energy storage resources to participate in its markets, FERC said.
FERC granted MISO permission to implement the remaining two proposals in its three-part short-term resource availability and need project.
Transportation Security Administration officials defended efforts to protect the country’s natural gas pipelines, telling FERC they are adding more staff.
PJM filed its energy price formation proposal with FERC after a yearlong discussion with stakeholders produced no consensus.
FERC denied KEPCo’s complaint that Westar Energy had twice violated its generation formula rate in assessing its own rates and federal income tax reduction.
FERC conditionally approved NYISO’s deadlines for completing final market power reviews for deactivating generators.
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