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.
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Capacity market sellers expressed anxiety over PJM’s “parallel path” for its upcoming Base Residual Auction, urging staff to consider delaying the auction until FERC clarifies the minimum offer price rule.
FERC authorized NextEra Energy Transmission Midwest to recover all “prudently incurred” costs related to the Hartburg-Sabine Junction 500-kV project.
New England Power Pool stakeholders are discussing potential changes to ISO-NE wholesale energy markets to improve winter fuel security.
FERC approved CAISO Tariff changes designed to incorporate generator contingencies and remedial action schemes into its market optimization and congestion pricing methodology.
FERC reversed a waiver it had issued to SPP on Attachment Z2 of its Tariff and directed it to provide refunds of credit payment obligations, with interest.
FERC rejected Coalition of Midwest Power Producers' complaint that MISO is improperly accounting for the deliverability of some capacity resources.
PJM’s stability deviation method best suits cost allocation for Artificial Island, FERC said, denying rehearing requests favoring the status quo.
FERC accepted rule changes broadening energy storage resources’ ability to provide capacity, energy, and ancillary services in ISO-NE’s markets.
FERC ended its enforcement action against the Salem Harbor Power Station, dropping allegations that plant operators made ISO-NE supply offers they could not meet.
FERC approved changes to CAISO’s Tariff that describe practices already employed to balance supply and demand in the day-ahead and real-time markets.
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