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.
Regulators, consumer advocates and the Market Monitor last week urged the Federal Energy Regulatory Commission not to change a crucial rule for PJM’s upcoming capacity auction, warning that it would allow generators to exercise market power.
News briefs on the federal agencies that impact those doing business in PJM's footprint. This week, we highlight the EPA, the NRC, the Obama administration and congress, and the DC Circuit Court.
The wind industry is fighting back against Exelon's claims that it, and the production tax credit (PTC) is responsible for negative energy prices that are contributing to nuclear plants' financial woes.
PJM and FERC were summoned to Capitol Hill last week to defend their actions to ensure reliability — FERC in response to sabotage concerns, PJM in the wake of an extraordinary winter that featured more near calamities than a James Bond movie.
FERC lacks proper controls for handling classified national security information, the Department of Energy’s Inspector General said.
Top enforcement officials at FERC and the CFTC assured energy lawyers they respect the due process rights of investigative targets, rejecting allegations that they have employed heavy-handed tactics.
EPA Secretary Gina McCarthy continued her charm offensive in advance of the agency’s ghg rules for existing power generators, acknowledging that the tough work is only just beginning.
News briefs on the federal agencies that impact those doing business in PJM's footprint. This week, we highlight the FERC, CFTC, the Energy Information Administration, the Department of Energy, and Congress.
PJM is ready to help its 13 states meet EPA's pending greenhouse rules, the RTO's chief economist told a Bipartisan Policy Center forum last week.
FERC rejected Consolidated Edison's attempt to avoid paying for a major transmission upgrade in northern New Jersey but suggested it might order PJM to recalculate the company’s bill.
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