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.
Constellation and Calpine proposed selling off several PJM power plants in their merger application with FERC to quell any concerns with market power in some submarkets.
FERC issued an order terminating its proceeding on the consideration of greenhouse gas emissions in natural gas infrastructure project reviews.
FERC approved CAISO’s tariff revisions related to real-time bid cost recovery rules for energy storage resources.
Voltus filed a complaint with FERC against MISO, alleging the RTO’s “11th-hour” changes in testing and contract proof requirements ahead of the spring capacity auctions will harm demand response resources and affect rates.
Arizona regulator Nick Myers, chair of the Markets+ State Committee, is drafting a document as part of SPP's compliance filing that better explains the role Western state commissioners will play in the day-ahead market's development and operations.
NERC's Standards Committee expects to have the latest version of the cold weather standard ready to post for a formal comment period by Jan. 27.
FERC approved an agreement between CAISO and LS Power to develop a transmission line that would deliver Idaho wind power into California and could help secure Idaho Power’s participation in the ISO’s Extended Day-Ahead-Market.
FERC approved SPP’s tariff for Markets+ with minor modifications in what the RTO’s staff described as a “home run” during the Markets+ Participant Executive Committee’s meeting.
The 6th U.S. Circuit Court of Appeals ruled FERC improperly allowed Duke Energy Ohio and FirstEnergy to include the RTO adder in their rates despite participation in an RTO being mandated by Ohio law.
The SPP Markets and Operations Policy Committee has approved tariff revisions that would implement dispatchable transactions in the real-time energy market.
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