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 settlements with three utilities in the footprints of SERC Reliability and ReliabilityFirst, totaling $185,000 in penalties.
SERC Reliability claimed Entergy staff ignored multiple high-priority warnings, one of which led to a loss of load for several customers, in determining the $1.25 million penalty.
FERC granted Great Basin Transmission’s request for incentives and a transmission owner tariff for its SWIP-North line – rejecting arguments that the project no longer makes sense with the cancellation of the Lava Ridge wind farm.
PJM told FERC that a complaint seeking to use statistics to estimate customers’ demand response when accessing meter data is not practical.
FERC staff warned in a report that third-party cloud services pose an ongoing risk to the security of the electric grid.
FERC rejected Tri-State Generation and Transmission’s proposed tariff to designed to manage the projected massive growth in data center load confronting its Mountain West member utilities over the next decade.
Former FERC Chair Richard Glick and former FERC economist Devin Hartman told attendees at the Nodal Trader conference that they fear for FERC's independence.
President Donald Trump named Laura Swett chair of FERC.
Panelists at FERC's Reliability Task Force praised the efforts of NERC's Large Loads Task Force while highlighting the work still needed.
Golden Spread Electric Cooperative will again appeal a stakeholder group’s rejection of a proposed tariff change that would pre-emptively determine the amount of load SPP's system can handle without requiring additional network upgrades.
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