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.
MISO
MISO secured from FERC another four months to implement mandatory five-minute settlements.
FERC rejected MISO's proposed pro forma agreement for pseudo-tying generation into PJM, saying the rules around termination were too broad.
APPA CEO Sue Kelly has been railing for years against RTO rules she says are skewed in favor of large transmission and generation owners. As members gathered for their annual Legislative Rally, the group could celebrate recent policy victories on both fronts.
PJM
FERC ordered a technical conference to consider whether PJM should move from a year-round to a seasonal capacity market construct.
FERC granted the request by SPP to waive its one-year resettlement window so that the RTO can correctly bill transmission-upgrade customers.
FERC approved the PJM proposal to reduce by almost 90% the number of bidding locations for virtual transactions.
FERC approved an uncontested settlement to raise ISO-NE’s peak energy rent adjustment, resolving the issues the commission set for hearing.
© RTO Insider
An advocacy group accused PJM of violating the Federal Power Act by making political contributions with membership funds. PJM said the payments were to allow staff access to energy-related policy summits and not to support any candidate.
Blocked by regulators from moving its ailing coal-fired Pleasants plant into the rate base of a subsidiary, FirstEnergy announced it will shut the plant down.
Dragos CEO Robert M. Lee told NARUC that hackers targeting the U.S. electric industry are growing more numerous and more skilled.
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