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.
FERC has opened three investigations into questionable activity from last winter but has not found evidence of “widespread market manipulation."
FERC affirmed its June order reducing the return on equity for the NETOs, ordering the companies to provide refunds from Oct. 1, 2011.
Demand response aggregators told PJM officials that the RTO’s proposed response to a court ruling narrowing federal jurisdiction over DR is overly broad.
State officials and generation owners promised last week to challenge the assumptions the EPA used in its proposed carbon rule.
News briefs on the federal agencies that impact those doing business in PJM's footprint. This week, we highlight FERC, the DOE, the NRC and the BOEM.
The EPA’s proposed regulations on carbon emissions would increase electric bills and harm reliability, Virginia SCC staff members said.
DOE Secretary Ernest Moniz traveled to New York to get Wall Street’s perspective on challenges to financing electric transmission and energy infrastructure.
Duke Energy and Exelon should be among the companies barred from acquiring any generation divested by PPL as part of its Talen Energy spinoff, the IMM told FERC.
PJM will forego $10.2 million in BOR charges resulting from DC Energy and Scylla transactions characterized as IBTs under a settlement approved by FERC.
PJM is one of nine Registered Entities that has agreed to take part in a review of grid recovery and restoration plans with FERC and NERC.
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