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.
Kansas City Power & Light’s proposal for addressing SPP transmission cost shifts led to a free-wheeling discussion on transmission pricing and the unintended consequences of proposed Tariff changes at the Strategic Planning Committee meeting Thursday.
FERC last week rejected the MISO attempt to exempt external generators from interconnection queue milestone payments, saying the fees should be applied equally to all.
FERC last week agreed to consider whether reporting deficiencies concealed market manipulation that contributed to the Western Energy Crisis of 2000-2001.
FERC has been ordered to pay attorney’s fees for stonewalling the STS Energy Partners request for documents under the Freedom of Information Act (FOIA).
FERC last week rejected the MISO plan for ensuring it terminates reactive power payments when generating units are no longer capable of providing the service or are transferred out of a fleet.
FERC Order 1000 is providing savings to ratepayers, but a lack of transparency in RTOs’ competitive solicitations is undermining confidence, speakers told the Energy Bar Association Mid-Year Energy Forum last week.
The New England Power Generators Association (NEPGA) says a rule meant to prevent withholding of generating resources unfairly cost them $100 million during an August heat wave.
CAISO last week released the third draft of a proposal outlining the principles intended to underpin the governing framework for a Western RTO.
MISO defended its calculation of sub-regional transfer limits for the 2016/17 Planning Resource Auction to stakeholders last week, recommending that it continue to use the same numbers for future auctions.
Maxim Power will pay $8 million to settle a FERC complaint that it manipulated the New England power market in a fuel-switching scheme.
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