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.
Maxim Power will pay $8 million to settle a FERC complaint that it manipulated the New England power market in a fuel-switching scheme.
FERC approved the CAISO plan to for a new market mechanism for itself and the Western EIM designed to integration of variable renewable energy resources.
FERC ordered a pay cut for MISO transmission owners, reducing their ROE to 10.32% from 12.38%.
MISO and IPPs asked FERC to dismiss a complaint by transmission customers seeking to overturn the results of the 2016/17 capacity auction.
California Department of Emergency Services
CAISO's board has approved a proposal to extend Tariff provisions implemented in June in response to the closure of the Aliso Canyon storage facility.
After four years, Commissioner Tony Clark’s last day at FERC will be Sept. 30, he said at his last, and 47th, open meeting.
FERC directed further compliance filings from Entergy regarding its annual bandwidth filing and from MISO for Tariff revisions related to demand response.
FERC has brushed aside a complaint brought forward by two companies about Ameren Illinois’ annual informational formula rate update and true-up
MISO will file a revised set of interconnection queue changes with FERC on Oct. 21, and this time it says it has “overwhelming” stakeholder support for the changes.
FERC is considering changes to its Electric Quarterly Report rules, including requiring data on ancillary services transactions and changes to how financially settled trades are reported.
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