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.
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President Donald Trump, who appointed Mark Christie to FERC in 2020 during his first term, has now selected him as the commission's new chair.
Ameren
MISO and SPP have asked FERC for a temporary departure from sections of their joint operating agreement to be able to conduct a more comprehensive interregional planning study to land on mutually beneficial transmission projects.
SPP
SPP reached a key milepost in its Western efforts when FERC conditionally approved its tariff for Markets+, a highly anticipated decision likely to ramp up the competition with CAISO’s Extended Day-Ahead Market.
Shutterstock
FERC accepted MISO’s second try at Order 2222 compliance, allowing MISO time to prepare through mid-2029 before it fully accepts aggregators of distributed energy resources into its markets in 2030.
MISO
MISO revealed it will crack down on demand response testing requirements ahead of its spring capacity auction, while some stakeholders argued the stepped-up measures amount to a change that requires FERC approval.
SPP
FERC approved price formation reforms for SPP and set questions around resource accreditation for additional proceedings in a pair of orders issued at its regular monthly meeting.
ITC Midwest
The D.C. Circuit Court of Appeals has dismissed transmission customers’ argument against ITC Midwest receiving an abandonment rate incentive for an Iowa line segment included MISO long-range transmission planning.
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The transmission companies behind a major project to preemptively build two offshore wind interconnection points in New England have submitted their first FERC filings for the project.
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Citing a looming FERC deadline, NERC's Board of Trustees voted once again to sidestep the normal standards development process to accelerate development of the ERO's cold weather standard.
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FERC approved a diminished settlement with Total Gas & Power North America in a lengthy case, as a recent Supreme Court decision has impacted its enforcement processes.
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