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.
Maxim Power says market manipulation allegations by FERC are an attempt to gain leverage for a settlement of charges from subsequent, unrelated cases.
Witnesses from the Southeast generally expressed far more concern than their counterparts in the Northeast during FERC’s technical conference on the EPA Clean Power Plan.
The Senate Environment and Public Works Committee, chaired by Jim Inhofe, heard criticism and praise of the EPA's Clean Power Plan from state officials.
Representatives of PJM, ISO-NE and NYISO told FERC they are prepared to implement their states’ plans for complying with EPA’s proposed Clean Power Plan.
Borrowing language from other federal agencies, FERC issued an order “to clarify that the term ‘observe’ does not include disruptive behavior.”
ISO-NE filed the results of its ninth Forward Capacity Auction with FERC on Friday, starting the clock on a 45-day comment period.
News briefs on the federal agencies that impact those doing business in the RTO footprints. This week we include the Energy Department and the NRC.
FERC increased its pressure on PJM and MISO to resolve their longstanding boundary disputes, saying it was considering taking action “to improve the efficiency of operations” at the RTOs’ seam.
ISO-NE asked FERC last week to reverse its order directing a market-based solution for the next winter reliability program.
Senior EPA officials promised FERC and NARUC that the final Clean Power Plan the agency issues this summer will protect reliability and not crush consumers.
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