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 approved most of NYISO’s proposed plan to comply with Order 2023, denying several of its proposed variations to the commission’s pro forma rules and directing the ISO to submit an additional compliance filing in 60 days.
Former FERC Chair Willie Phillips has resigned from the commission. The future of Phillips, a President Biden appointee, has been a matter of speculation since President Trump was elected in November.
The two Southwestern utilities are closer to compliance with FERC Order 2023 but still have work to do in response to orders the commission issued.
NERC defended its proposed standard on inverter-based resources from stakeholder criticism on several aspects, including its development process and exemptions for legacy technology.
FERC and NERC's report on the January winter storms indicated the gas and electric industries are improving their communication and coordination, staff said at the commission's April meeting.
FERC Chair Mark Christie criticized PJM for continuing to consider proceeding with Transource Energy’s Independence Energy Connection transmission project years after Pennsylvania regulators denied it a certificate of public convenience and need.
FERC approved the non-rate terms of SunZia Transmission’s proposed transmission owner tariff but sent the tariff’s non-subscriber usage rate to a settlement process and potential hearing.
The NEPOOL Transmission and Markets Committees voted to support an ISO-NE proposal to adjust several key dates and deadlines in its compliance proposal for FERC Order 2023.
Gov. Phil Murphy called for PJM to be investigated by FERC with regard to the Base Residual Auction, while FERC Commissioner Christie says PJM staff is "deserving of praise."
FERC heard details about recent reliability incidents caused by data centers tripping offline in Virginia and Texas and NERC's efforts to address them.
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