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February 23, 2026

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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Whither FERC?
Columnist Steve Huntoon predicts that the independent federal agencies like FERC will survive the Supreme Court’s revisiting of Humphrey’s Executor v. United States.
Illustrated by Perplexity
The Year the Humble Electron Becomes Politicized
The defining story of the coming year will be the widening chasm between electricity supply and demand, a dynamic driven by a slow-moving supply side, coupled with the explosive growth of energy-hungry data centers, says columnist Peter Kelly-Detwiler.
IMCO
Idaho Power Can Retain Market-based Rate Authority, FERC Rules
Idaho Power can continue to sell power at market-based rates after it acquired more than 200 MW in resources 2023 and 2024, FERC ruled.
SPP
FERC Rejects Complaint over SPP’s Accreditation Practices
FERC dismissed as moot a complaint by several public interest organizations over SPP’s accreditation methodologies for thermal and renewable resources.
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CAISO Readies EDAM Tariff Changes as New Market Nears Opening
CAISO is proposing a set of tariff changes for submission to FERC early in 2026 to help ease participants into the ISO’s new Extended Day-Ahead Market.
Shutterstock
Maine Public Advocate Asks FERC for Hearing on Asset Condition Costs
The Maine Office of the Public Advocate has asked FERC to initiate evidentiary hearing procedures to answer questions about the prudency of investments by New England transmission owners in asset condition projects placed in service in 2022.
Talen Energy
FERC Directs PJM to Issue Rules for Co-locating Generation and Load
FERC told PJM to change its rules to allow for co-located load at generators, with new transmission services and other tweaks.
MISO
Can Expanding Transmission Reduce Electricity Costs?
Expanding transmission can reduce electricity costs for consumers, but only if the buildout uses consumer welfare as the North Star and ignores narrow political or business interests, say Travis Fisher and Nick Loris.
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FERC Clarifies Cold Weather Standard Approval, Effective Date
FERC provided additional clarity on its directive that NERC submit informational filings on the implementation of its most recent cold weather standard.
SPP
FERC OKs SPP Extension of Dispatchable Interchange Transactions into Real-time

FERC approved an SPP tariff change that adds real-time dispatchable interchange transactions to its Integrated Marketplace, extending the current day-ahead market dispatchable transaction model into the real-time balancing market.


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