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 dealt with a rehearing request in Order 1920-B, largely rebutting arguments from transmission owners that the rule's requirement to file state cost allocation agreements impinges on their rights.
The rehearing order was approved on the same lines as the original rejection, with Commissioners Mark Christie and Lindsay See in support and Willie Phillips dissenting.
ERCOT, Oncor and the Texas PUC asked FERC to deny a petition from Puerto Rican company Pluvia to bring the territory under the commission’s jurisdiction.
MISO’s proposal to use a temporary “fast lane” in its interconnection queue to speed up necessary resource additions would give utility-owned generation preferential treatment, according to protesters’ comments filed with FERC.
MISO announced it will scrap its plan to use an existing DR participation category to get aggregators of DERs participating on a limited basis a few years ahead of a full Order 2222 rollout in 2030.
FERC accepted ISO-NE’s compliance proposal for Order 2023, setting the stage for sweeping changes to the RTO’s interconnection procedures.
The Edison Electric Institute, GridWise Alliance and WIRES asked FERC to end a proceeding that has been open for five years to consider cuts to transmission incentives.
After invoking its Section 321 authority to streamline the normal stakeholder process, NERC's Board of Trustees voted to submit a new cold weather standard to FERC for approval.
FERC Chair Mark Christie and Commissioner Judy Chang downplayed the current political environment’s impact on the agency, saying the commission’s role is to follow the law and ensure the fairness of procedures.
FERC gave MISO the go-ahead to set its value of lost load at $10,000/MWh by early fall, nearly three times as high as the current $3,500/MWh value.
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