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 approved an uncontested settlement agreement granting PNM a 10% base return on equity on its transmission operations.
FERC rejected a complaint by Tenaska that PJM inappropriately disqualified the company's combustion turbines as Tier 1 synchronized reserves.
On-peak day-ahead electricity prices in the U.S. were down 27 to 35% in 2015 due to cheap natural gas, FERC staff said in its State of the Markets report.
FERC declined MISO’s request to reconsider a refund order stemming from transmission pricing complaints filed by DTE Energy more than a decade ago.
FERC gave the go-ahead for American Transmission Company (ATC) and Wisconsin Power & Light (WP&L) to swap a combined $830,000 worth of assets.
FERC ruled that Alexandria, Louisiana is entitled to collect a MISO-related adder on top of its authorized ROE without having to make a request.
FERC ruled 3-1 that EDF Energy's Merricourt wind project had failed to meet the deadlines in MISO’s interconnection procedure.
This week's FERC and federal briefs include news on coal plants, the EPA, the solar market, the Cabot Oil & Gas suit, and the NRC.
PJM solution-based distribution factor (DFAX) cost allocation method is inappropriate in certain cases (like Artificial Island), commentators told FERC.
FERC ordered PJM to change its method of calculating capacity market offer caps, saying it was inconsistent with its practice in the energy market.
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