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 SPP’s proposed Tariff revisions to eliminate a gaming opportunity related to regulation deployment adjustments.
Vistra Energy said Monday it closed its acquisition of Dynegy following a FERC order concluding the $1.7 billion deal raised no competitive concerns.
FERC said that a preliminary investigation indicates that PSEG committed multiple violations of PJM market-bidding rules and made “false and misleading statements” to RTO staff.
Generation developers and transmission providers called for more direction from FERC to improve coordination of “affected system” studies.
Citing reliability concerns, ISO-NE will ask FERC for a Tariff waiver to allow Exelon's 1,998-MW Mystic Generating Station to continue running.
Renewable developers sparred with transmission planners for MISO, SPP and PJM Tuesday over the RTOs' affected system studies.
FERC rejected PJM’s most recent proposal for compensating the systemwide service and ordering a technical conference on larger concerns.
FirstEnergy Solutions filed for bankruptcy Saturday, two days after asking Energy Secretary Rick Perry to issue an emergency order directing PJM to compensate coal-fired and nuclear power plants.
FERC approved SPP’s proposed Tariff revisions reducing network service charges for customers in Southwestern Power Administration’s (SWPA) pricing zone.
CAISO, Pacific Gas and Electric and Calpine have settled their differences over the terms of the reliability-must-run (RMR) agreements.
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