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.
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FERC approved a suite of changes to PJM's next couple of capacity auctions, which are meant to mitigate billing impacts as the supply-demand dynamic in the region tightens and longer-term reforms are pursued.
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Board members have directed MISO to seek guidance on the role of the Independent Market Monitor in transmission planning following a year of IMM David Patton criticizing MISO’s nearly $22-billion long-range transmission portfolio.
Shutterstock
FERC approved a one-time measure by PJM to add up to 50 new projects to a cluster of projects to be studied beginning in April.
Tenaska
FERC took the rare step of formally noticing potential discussions with DOJ anti-trust officials over Alabama Power's proposed purchase of a Tenaska power plant.
ISO-NE
ISO-NE continued discussions with stakeholders on its capacity auction reform project at the NEPOOL Markets Committee, providing more information on planned changes to the resource retirement process.
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The Members Committee was sharply divided on an agreement in principle between PJM and Pennsylvania Gov. Josh Shapiro to institute a cap and floor on capacity prices for the 2026/27 Base Residual Auction and the following auction.
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MISO transmission owners have again taken arguments against FERC’s most recent return on equity decision to the D.C. Circuit Court of Appeals.
EMC Engineering Services
In a filing, NERC told FERC it estimates more than 850 inverter-based resources will need to be registered under new criteria.
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FERC Chair Mark Christie gave public remarks to NASEO's conference, laying out some of the major issues the agency will tackle under his leadership.
CenterPoint Energy
LS Power has lodged a complaint against MISO for treating Indiana’s right of first refusal law as if it’s in effect when it’s under a preliminary injunction.
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