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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.
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.
Federal Briefs
News briefs on the federal agencies that impact those doing business in PJM's footprint. This week, we highlight FERC, the Energy Department and the NRC.
PJM DR Cos. Confident; Reject PJM EPSA Response

Company executives say they are confident that DR will continue to grow despite the EPSA ruling that threatens its continued participation in PJM.

FERC, New York PSC to Meet on Capacity Market Wednesday
The New York PSC and FERC will study the state’s troubled capacity market at a technical conference in Manhattan Wednesday.
PJM Generators Seek Support for Cost of Capital Boost

One issue raised at last week’s PJM Market Summit concerned the 8% after-tax weighted average cost of capital (ATWACC) the PJM Board of Managers submitted.

Gates Bros., FERC Seeking Settlement?
The Gates brothers, accused of gaming up-to-congestion trades in PJM, abruptly ended their public relations campaign against FERC last week.
Federal Briefs
News briefs on the federal agencies that impact those doing business in PJM's footprint. This week, we highlight FERC, the NRC and the Energy Department.
FERC Removes 10% Adder from Generators’ Make-Whole Payments
FERC said PJM should not have included a 10% adder in its calculation of make-whole payments to generators whose costs exceeded the offer cap last winter.
EPSA Stay Complicates PJM’s 2015 Capacity Auction Plans
PJM officials are developing contingency plans for their 2015 capacity auctions in the wake of last week’s stay of the D.C. Circuit Court's EPSA ruling.
PJM, IMM Post Capacity Performance Cost-Benefit Analysis as Members Form Battle Lines
A cost-benefit analysis released by PJM and the IMM says the RTO's proposed Capacity Performance product would cost ratepayers as much as $6 billion over the next four years.

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