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 rejected rehearing requests on the PJM financial transmission rights (FTR) market in time for implementation of changes in the 2017 ARR allocation.
FERC rebuffed generators’ attempt to apply ISO-NE’s minimum offer price rule (MOPR) to 200 MW of renewable generation that were granted an exemption.
FERC ruled that MISO unreasonably prevents energy storage from participating in markets other than its regulation market.
WECC
FERC said it will give CAISO more time to address its concerns over intertie bidding at the borders of the Energy Imbalance Market (EIM).
FERC said that CAISO contracts for transferred frequency response service can include a provision recognizing counterparties.
FERC rejected the proposed MISO three-year forward capacity auction in its retail-choice areas. It's back to the drawing board for the RTO and stakeholders.
Acting FERC Chair Cheryl LaFleur replaced Max Minzner, a longtime associate of former Chairman Norman Bay.
FERC approved a formula rate requested by Transource Energy for its AP South Congestion Improvement Project.
FERC granted partial rehearing of a 2013 order that rejected a NYISO cost allocation method for some uplift costs under Order 745.
Democrats boycotted the Senate Environment and Public Works Committee meeting, preventing a confirmation vote on Scott Pruitt for EPA administrator.
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