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 attended to some housekeeping by putting to rest a rehearing request rendered moot by MISO and SPP’s settlement of their transmission dispute.
FERC approved a request by CAISO to eliminate from its Tariff a provision establishing convergence bidding at scheduling points on the interties into Ca.
Coaltrain Energy said that it didn’t manipulate the market, that its trading strategy wasn’t deceptive and that it didn’t engage in wash trades.
FERC is hesitant to consider a regional cost allocation methodology for seams projects outside of an Order 1000 process, SPP said.
A group of citizens groups has dusted off a forgotten provision of PURPA that it said requires FERC to provide public funding for interventions before the agency.
FERC approved PJM’s creation of a funding mechanism to support CAPS through a charge to residential electric customers.
FERC approved the plan to keep the Ginna nuclear power plant operating but objected to elements that it said encroached on its jurisdiction.
This week's FERC and federal briefs include news on the Nuclear Regulatory Commission, Chief Justice John Roberts and Aubrey McClendon.
FERC approved changes to NYISO’s scarcity pricing logic to better reflect the real-time value of demand response.
Dynegy and Exelon proposed that MISO Zone 4 procure capacity in three-year forward auctions separate from the rest of the RTO.
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