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.
The PJM Markets and Reliability committee and Members committee discussed frequency response and the Capacity Construct/Public Policy Senior Task Force.
Executives from PJM, NYISO and ISO-NE will gather with stakeholders at FERC to seek ways to incorporate policies on greenhouse gases into wholesale markets.
FERC staff wants more details on MISO’s proposed pro forma pseudo-tie agreement, which the RTO hopes to begin enforcing in June.
MISO will schedule a “common issues” meeting in response to a request from a group of stakeholders to better define energy storage.
Avangrid reported consolidated net income of $239 million ($0.77/share), compared with $212 million ($0.69/share) for the same period in 2016.
FERC Commissioner Colette Honorable announced she will not seek a second term on the commission when her term expires June 30.
The D.C. Circuit declined to overturn a FERC decision requiring Portland General Electric to purchase the full output of a wind power project under PURPA.
ERCOT CEO Bill Magness moderated a panel at the GCPA Spring Conference that included CEOs John Bear, Steve Berberich, Nick Brown and Brad Jones.
The D.C. Circuit Court of Appeals rejected challenges to FERC Order 1000 by New England Transmission Owners and state officials.
A senior federal official told offshore wind energy developers that the Trump administration supports their cause as the industry looks to build momentum.
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