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.
State regulators, consumer advocates, generators and the Independent Market Monitor asked FERC to modify its June 9 order largely approving PJM’s Capacity Performance plan.
FERC accepted NYISO’s new method for calculating payments for voltage support services, which will keep the overall expenditure constant in the near term.
MISO and its Market Monitor have joined Dynegy in denying allegations of improper conduct in the RTO’s Planning Resource Auction last April, which resulted in a nine-fold price increase in Zone 4.
A merchant transmission developer accused several PJM transmission owners of inflating the costs of upgrades necessary to approve three auction revenue rights requests.
This week's FERC and federal briefs include news on the Energy Department, the Nuclear Regulatory Commission and the House of Representatives.
NEPGA says ISO-NE should adhere to a planned change to a sloped demand curve in the next Forward Capacity Auction.
Opponents of Clean Line Energy’s proposed Plains & Eastern project say the Department of Energy is conducting reviews of the transmission line without a proper rulemaking process.
PJM's Market Monitor told FERC that proposals by the RTO and a marketer to change the FTR forfeiture rule would weaken protections against market manipulation.
The Supreme Court ruled that EPA acted “unreasonably” when it failed to consider costs before deciding to regulate mercury and other toxic emissions from power plants under the Clean Air Act.
NYISO and SPP told FERC last week it should reject transmission developers’ protests to their recent Order 1000 compliance filings.
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