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March 31, 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.
NERC Optimistic on Winter Prep as FERC Seeks Assurances on Fuel
A repeat of last winter should not imperil the nation's power system, NERC said. Meanwhile, FERC ordered RTOs and ISOs to file reports on their efforts to ensure generators have adequate fuel.
Impatient FERC Orders Immediate PJM Action on Reactive Power Payments to Retired Plants
FERC ordered PJM stakeholders to develop rules to prevent fleet owners from receiving reactive power payments for retired generators.
FERC Approves Exelon-Pepco Merger
FERC yesterday approved the $6.8 billion merger of Exelon and Pepco Holdings Inc., dismissing concerns from PJM stakeholders.
Federal Briefs
News briefs on the federal agencies that impact those doing business in PJM's footprint. This week, we highlight the Energy Department, FERC and the NRC.
FERC Staff Accuses Maxim Power of Cheating ISO-NE
FERC staff accused Canadian power producer Maxim Power of misrepresenting the output of its three New England generators and its cost of fuel.
FERC Rejects Consumers Energy Bid for MISO Must-Offer Waiver

FERC denied Consumers Energy’s request for a waiver from MISO’s must-offer requirement, three weeks after approving a similar request by IPL.

GOP Election Victories Unlikely to Thwart EPA Carbon Plan
Republicans threatened to blunt the Obama administration’s proposed carbon emissions rule after taking control of Congress in last week's elections.
IMM Calls for New PJM-Duke Progress JOA
PJM should revise its JOA with Duke Energy Progress to reflect the merger between Duke and Progress, according to the Market Monitor.
Integrys, Wisconsin Energy Reject Michigan Claims on Merger
Wisconsin Energy and Integrys told FERC that their merger would not result in excessive market power and higher rates in Michigan’s Upper Peninsula.
EPA Signals Flexibility on Interim Carbon Targets, Coal-Gas Shift
Facing pushback to its proposed carbon rule, the EPA last week signaled a willingness to consider a slower shift from coal to natural gas generation.

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