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 ordered PJM and financial traders to submit briefs in a long-running dispute over excess line-loss revenues.
PJM and other grid operators will face unprecedented reliability challenges in the next several years as federal environmental regulations and low energy and capacity prices threaten to sideline baseload coal and nuclear capacity, federal and PJM officials told state regulators.
FERC approved a new scheduling product to reduce uneconomic power flows between PJM and NYISO, clearing the way for its implementation later this year.
WIRES
At this year's NARUC winter meeting, Senators told state regulators they had little hope of passing comprehensive cybersecurity legislation or finding a solution for the nuclear waste stalemate this year.
U.S. Senate
News briefs on the federal agencies that impact those doing business in PJM's footprint. This week, we highlight the CFTC, DOE, NRC, the Department of the Interior and Congress.
FERC and NERC cautioned against overreacting to last year's substation sabotage, with two FERC commissioners taking a swipe at a former colleague who has been sounding the alarm.
Two members of the Senate Energy committee cited PJM to support their concerns about the impact of the Environmental Protection Agency’s pending greenhouse gas regulations.
FERC was within its rights to approve PJM’s controversial capacity market MOPR rule changes in 2011, a federal appeals court ruled.
FERC will hold a technical conference April 1 to discuss issues raised by this winter’s extreme cold, which exposed vulnerabilities in the grid’s increasing reliance on natural-gas fired generation.
An EPA official provided regulators with an update on pending GHG rules: CO2 emission limits on existing generating plants.
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