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.
Despite protests from a number of cities, FERC approved the sale of the Trans Bay Cable, a 400-MW line that runs under San Francisco Bay, to NextEra.
FERC Commissioner Richard Glick rejected Chairman Neil Chatterjee’s claim of a bipartisan “breakthrough” on the commission’s evaluation of LNG projects.
FERC dismissed a Louisiana city’s complaint that Cleco Power collected excess revenue because its rates did not immediately reflect the 2018 tax cut.
PJM offered stakeholders four options for navigating its upcoming capacity auction, noting that each comes with risks and uncertainties.
FERC Chairman Neil Chatterjee praised former Chief of Staff Anthony Pugliese, denying there had been any conflict between the two but also staying mum on the reason for his departure.
FERC will seek comments on how it could improve its transmission incentives and return on equity policies under two Notices of Inquiry.
FERC ordered MISO and SPP to make additional Tariff changes to comply with the transparency requirements of Order 844 while approving PJM’s filing.
FERC approved Tariff revisions intended to relieve costs for MISO resources pseudo-tying into PJM despite criticism that they didn't go far enough.
FERC rejected MISO’s proposal to impose more stringent requirements for interconnection customers, but could be persuaded to accept with certain revisions.
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