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.
PJM wants to change the way virtual trades pay for uplift, replacing the current unpredictable charges with a flat per megawatt fee and assessing them for the first time on up-to congestion trades (UTCs).
High-cost gas-fired generators will be able to set PJM market clearing prices above $1,000/MWh for the remainder of the winter, the Federal Energy Regulatory Commission ruled.
Load serving entities in PJM are starting to calculate how much their bills are going to increase for a frigid January, and they aren’t happy about it.
The review of proposed solutions to the Artificial Island transmission stability problem is taking PJM longer than expected and the selection of the winner could be months away.
News briefs on the federal agencies that impact those doing business in PJM's footprint. This week, we highlight the DOE, EPA, FERC, and Congress.
News briefs on companies in PJM Interconnection: Dominion, Duke, Exelon, and AEP.
PJM's request to lift the $1,000/MWh price cap sparked a flood of comments to FERC, many of them in opposition.
PJM’s Market Monitor told FERC hat rule changes approved by PJM stakeholders to increase the flexibility of demand response are insufficient and that the commission should impose a must-offer requirement similar to that for generation resources.
FERC approved PJM’s proposal to cap the amount of Limited and Extended Summer demand response that clears in the annual base capacity auction, an action expected to increase capacity prices.
News briefs on the federal agencies that impact those doing business in PJM's footprint. This week, we highlight the EPA, DOE, IRS, and Congress.
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