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 directed staff to begin an investigation of alleged illegal tree-cutting along the New York section of the Constitution Pipeline route.
More than five hours of presentations and stakeholder discussions over two days did little to resolve SPP’s albatross of Z2 credits.
At the Northeast Energy and Commerce Association (NECA) Annual Environmental Conference last week, panelists discussed the presidential election.
The SPP Markets and Operations Policy Committee refused to take action on AEP and OG&E’s revision request to remove the day-ahead limited must-offer.
The Delaware General Assembly has passed a resolution opposing the PJM cost allocation for the Artificial Island project.
FERC approved Transource Kansas’ settlement with state regulators, under which the company will receive a 9.8% base ROE.
FERC accepted PJM’s cost responsibility assignments for 33 of 34 baseline upgrades, ordering the RTO to change the billing for one Dominion project.
The PJM Market Implementation Committee endorsed changes to Manual 18 clarifying rights and responsibilities under auction-specific bilateral transactions.
Fighting a PJM proposal to impose uplift costs on UTC trades, the Financial Marketers Coalition enlisted one of the intellectual pioneers of electricity markets in its defense.
Environmental groups asked the D.C. Circuit Court to review FERC rulings on the PJM Capacity Performance model, saying model limits renewables and DR.
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