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.
State consumer advocates (members of CAPS) pressed the PJM board to change Capacity Performance rules to allow more participation by seasonal resources.
FERC issued a policy statement finalizing rules regarding the use of hold-harmless commitments.
Aides from the Senate Energy Committee gave PJM Annual Meeting attendees a look at the making of the Energy Policy Modernization Act of 2016.
FERC accepted NYISO’s proposed Tariff revisions allowing large behind-the-meter resources to participate in the ISO’s markets.
FERC upheld a decision that prohibits two companies’ generating units from offering energy into the Western EIM at prices above default energy bids.
Constitution Pipeline appealed New York’s denial of a crucial water quality certification to the 2nd Circuit Court of Appeals.
FERC approved an uncontested partial settlement reached earlier this year among SPP, the Integrated System, MISO and Montana-Dakota Utilities.
FERC reassured LS Power that its plan to base some of its interstate administrative and operational activities in its Austin, Texas, office won’t trigger commission jurisdiction over ERCOT.
FERC dismissed a complaint by SMECO alleging that it has the right to a Capacity Performance credit from J.P. Morgan Ventures Energy Corp.
ISO-NE will issue more than $20 million in refunds to resources that were prevented from reducing their capacity offers in FCA 1.
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