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.
Energy Secretary Rick Perry’s long-awaited grid study calls on the federal government to rescue traditional baseload power by addressing negative pricing.
K. Stephen Tsingas and his City Power Marketing agreed to a $11.7 million settlement with FERC's Office of Enforcement over market manipulation allegations.
FERC denied NRG Curtailment Solutions’ request for an exemption from NYISO penalties for nonperformance.
FERC approved GridLiance West’s acquisition of Valley Electric Association’s 230-kV transmission network in a deal valued at about $200 million.
FERC granted Grand River Dam Authority’s request for a permanent 2-foot increase in the reservoir level of the 105-MW Pensacola Project.
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FERC rejected a CAISO proposal to extend the life of a program designed to protect some renewable energy resources from being assessed uplift costs associated with their variable output.
Connecticut Public Utilities Regulatory Authority
NARUC President John W. “Jack” Betkoski III called for more transparency at the NEPOOL and said he plans to focus his tenure on the “water-energy nexus.”
FERC approved MISO’s more stringent capacity withholding rule while also allowing the RTO to remove demand response from market monitoring.
The MISO rejection of the last possible interregional transmission project resulting from a coordinated study with SPP surprised the latter RTO.
MISO is yanking support on the project resulting from a study with SPP, nixing its chances this year to collaborate on an interregional project.
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