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 generators told FERC that it should go beyond PJM’s qualification rules for demand response providers — with some proposing that planned DR resources be banned from the capacity market.
Looming coal retirements will boost on-peak energy prices in eastern PJM by at least $3/MWh -- with a jump of as much as $11/MWh in the first five years -- according to a newly-released study.
PJM may seek FERC approval for a plan to change the way demand response clears in capacity auctions despite stakeholders’ rejection of the plan.
Briefs from federal agencies governing PJM Interconnection and other national organizations. This week's news include stories from Congress, FERC, the D.C. Circuit, the EPA, and other national news.
EPA regulations, cybersecurity, FERC enforcement and utility rate design dominated the discussions as more than 1,000 state regulators and industry officials gathered at the NARUC annual meeting in Orlando last week.
A top EPA official told state regulators the agency is still in listening mode in drafting its greenhouse gas rules on existing power plants. Others expressed concerns.
Gas pipeline operators can exchange non-public operational information with PJM and other RTOs under a final rule approved by the Federal Energy Regulatory Commission.
More than 1,800 people from 200 industry and government organizations, including PJM, took part in NERC’s 2-day cyber and physical security drill Nov 13-14.
FERC last week gave final approval to Critical Infrastructure Protection (CIP) standards that for the first time cover all bulk power system assets according to their impact on the grid.
FERC last week approved a rule sought by the solar industry to streamline interconnections for the growing segment of small generators.
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