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.
NERC stakeholders got a look at a draft report on supply chain risks as part of a FERC directive to address risk management of the industry’s vendors.
Stakeholders are urging MISO to slow downits disjointed resource availability and need effort until it can measure the effects of 3 related FERC filings.
MISO’s recent resource adequacy filings with FERC will affect the timeline of an otherwise unremarkable capacity auction in terms of load forecasts.
With four months to go in this year’s Connecticut General Assembly session, regulators made their cases short and sharp when briefing legislators.
FERC denied the Michigan PSC request to reconsider a decision over refunds associated with a SSR agreement between MISO and the White Pine plant.
FERC conditionally approved South Central MCN’s proposed revisions to its transmission formula rate and protocols and granted a rehearing request that set a Section 206 proceeding.
FERC Commissioner Cheryl LaFleur announced she was “no longer seeking” a third term and would leave the commission by the end of the year.
PJM must unwind five months of settlements for GreenHat Energy financial transmission rights that should have been liquidated sooner, FERC ruled.
FERC clarified a capacity supplier’s retirement bid can enter ISO-NE’s Forward Capacity Auction if the supplier demonstrates the bid is just and reasonable.
PG&E confirmed they hope to rescind costly power purchase agreements and reform its obsolescent business model during bankruptcy.
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