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 adequately explained why it limited Duke Energy Carolina to a 40-year extension on a hydropower project, the D.C. Circuit Court of Appeals ruled Tuesday.
Consumer advocates, environmentalists, wind and solar developers and public power called on FERC Tuesday to “review the design of organized wholesale electricity markets, particularly capacity constructs” in its resiliency docket.
Some states are creating energy policies without enough regard for grid reliability, possibly forcing FERC to intervene, Commissioner Robert Powelson said.
BYD
MISO’s Energy Storage Task Force has been left wondering if it will help shape the RTO’s response to FERC’s sweeping storage participation order.
WEPCo
FERC accepted MISO’s plan to refund Michigan ratepayers $24.6 million in overcharges stemming from SSR agreements imposed on Presque Isle.
MISO
FERC both vacated and reinstated MISO’s entire resource adequacy construct, ultimately leaving the RTO’s current capacity auction format undisturbed.
The Senate Energy and Natural Resources Committee held a hearing on cybersecurity, with one witness advising a pause in CIP standards.
FERC accepted ISO-NE’s proposed annual reconfiguration transaction and a revised materiality threshold.
Calpine
FERC instituted proceedings to examine the reactive rate schedules of two MISO generating facilities, one of which is owned by Calpine.
Great Plains and Westar
FERC approved the proposed $14 billion merger between Great Plains Energy and Westar Energy.
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