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.
Members of the Eastern Interconnection Planning Collaborative urged regulators and policymakers not to rely solely on NERC's ITCS to guide transmission planning.
FERC denied LS Power’s two petitions for recovery of costs in case the development of a 285-mile transmission line is abandoned, saying the developer failed to adequately show the project’s benefits.
FERC voted unanimously to launch a review of data center co-location issues in PJM that will look into whether the RTO’s tariff needs to be revised to ensure grid reliability and fair costs to customers.
FERC approved four proposed reliability standards: three relating to inverter-based resources and one for extreme weather planning.
More than six months after the proposed August 2024 effective date for ISO-NE’s compliance with FERC Order 2023, generators seeking to interconnect in the region remain in limbo.
FERC Chair Mark Christie put President Trump's executive order on independent agency actions in the context of how the commission has always interacted with the White House, but also said he will seek more clarity.
FERC approved PJM's annual update to its tariff’s cost responsibility assignments for transmission projects set to be completed in 2025.
FERC approved a suite of changes to PJM's next couple of capacity auctions, which are meant to mitigate billing impacts as the supply-demand dynamic in the region tightens and longer-term reforms are pursued.
Board members have directed MISO to seek guidance on the role of the Independent Market Monitor in transmission planning following a year of IMM David Patton criticizing MISO’s nearly $22-billion long-range transmission portfolio.
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