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 granted a waiver to a New England power generator that missed the deadline for a payment to increase the plant’s offer for the next Forward Capacity Auction.
This week's FERC and federal briefs include news on the Clean Power Plan, the Bureau of Ocean and Energy Management and the Nuclear Regulatory Commission.
FERC has denied another generator’s request for make-whole payments for natural gas it purchased that was never used during the event, citing rules against retroactive ratemaking.
This week's FERC and federal briefs include news on EPA and its Waters of the United States rule and the Clean Power Plan, as well as President Obama.
FERC Commissioner Tony Clark said that the commission has “a sense of urgency” to take action on price formation issues after initiating an inquiry into the subject more than a year ago.
FERC rejected complaints from NextEra Energy and Direct Energy seeking to change the way PJM conducts its incremental capacity auctions to transition to its new Capacity Performance product.
MISO planners who just completed the third phase of a study on the Clean Power Plan said last week that a “multibillion dollar” transmission build-out will be necessary in almost every compliance scenario they’ve anticipated.
FERC denied the SPP Market Monitoring Unit’s request for rehearing of a December 2014 order that rejected the Monitor’s use of a market-impact test to track physical withholding.
This week's FERC and federal briefs include news on the Energy Department, the Environmental Protection Agency, the Department of Agriculture and NOAA.
Maxim Power wants to FERC drop two other allegations or combine them with the original complaint.
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