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.
Entities reported three attempted cyber intrusions to the E-ISAC in 2024, and NERC said the incidents showed attackers are growing their capabilities.
FERC again decided that neither MISO nor Montana-Dakota Utilities are entitled to recourse over a MISO-SPP flowgate in North Dakota strained by a cryptocurrency mining facility.
FERC accepted SPP’s proposed tariff revisions to incorporate a mark-to-auction collateral requirement for its transmission congestion rights market but did not terminate a show-cause proceeding.
Representatives of electric utilities and manufacturers provided feedback on proposed supply chain risk management standards at a workshop hosted by FERC and NERC.
FERC approved Duke Energy's Order 2023 compliance filing, which leaves in place the utility's two-phase cluster study process designed to give interconnection customers more information on costs earlier in the process.
FERC's State of the Markets report showed lower wholesale energy prices but growing demand and higher capacity prices that signal a need to meet the coming load.
FERC approved a $528,000 settlement that ends a dispute between EDF Trading North America and CAISO over fuel cost recovery.
FERC granted rate incentives for the priciest project to come out of MISO’s 2024 Transmission Expansion Plan, setting off friction between commissioners.
FERC accepted SPP's proposed tariff revisions that will incorporate seven Western Interconnection entities as transmission-owning members of the RTO.
NERC's Standards Committee heard an update on the progress of the ERO's cold weather standard and efforts to develop guidance for trustees' next invocation of Section 321.
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