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.
Natural gas production and demand hit new records in 2013, and futures prices suggest the trend may continue this year, FERC said, FERC said in their 2013 state of the markets presentation.
FERC has set a six-month deadline for the natural gas and electric industries to better align their daily schedules, in order for the gas operating day to start earlier.
ODEC and NCEMC customers living outside Virginia will not be forced to help pay for three of the state's transmission projects, FERC ruled.
News briefs on the federal agencies that impact those doing business in PJM's footprint. This week, we highlight the White House, the EPA, NERC, FERC, and Congress.
FERC approved a new definition of the bulk electric system that refines the exclusions for radial facilities and local networks.
FERC Order 1000 is likely to be upheld by the D.C. Circuit Court of Appeals based on comments from a three-judge panel during oral arguments last week.
A Department of Energy-funded study concludes that PJM has the best alignment of electric and natural gas infrastructure among U.S. regions on the Eastern Interconnection.
PJM’s plan to implement new demand response rules in time for the May capacity auction are in doubt following a FERC order requiring the RTO to provide more information to support its proposal.
PJM told FERC that it should reject an attempt by Consolidated Edison Co. to avoid paying for more than half of a $1.2 billion transmission upgrade to address a short circuit problem in the PSE&G transmission zone.
The Planning Committee voted last week to initiate work to bring PJM into compliance with FERC’s Small Generator Interconnection rules.
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