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 a one-time measure by PJM to add up to 50 new projects to a cluster of projects to be studied beginning in April.
FERC took the rare step of formally noticing potential discussions with DOJ anti-trust officials over Alabama Power's proposed purchase of a Tenaska power plant.
ISO-NE continued discussions with stakeholders on its capacity auction reform project at the NEPOOL Markets Committee, providing more information on planned changes to the resource retirement process.
The Members Committee was sharply divided on an agreement in principle between PJM and Pennsylvania Gov. Josh Shapiro to institute a cap and floor on capacity prices for the 2026/27 Base Residual Auction and the following auction.
MISO transmission owners have again taken arguments against FERC’s most recent return on equity decision to the D.C. Circuit Court of Appeals.
In a filing, NERC told FERC it estimates more than 850 inverter-based resources will need to be registered under new criteria.
FERC Chair Mark Christie gave public remarks to NASEO's conference, laying out some of the major issues the agency will tackle under his leadership.
LS Power has lodged a complaint against MISO for treating Indiana’s right of first refusal law as if it’s in effect when it’s under a preliminary injunction.
FERC accepted ISO-NE’s proposal to increase the collateral requirements for generators participating in its capacity market, rejecting the New England Power Generators Association’s arguments that the changes violate the filed rate doctrine.
FERC ordered hearing and settlement proceedings into a Missouri electric distribution cooperative’s effort to split from the Wabash Valley Power Association and earn rates on its own as a transmission owner in MISO.
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