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 announced that the Board of Managers approved a new contract with Monitoring Analytics, PJM’s independent market monitor. The contract runs through 2019.
The diversity of solutions and costs proposed for Artificial Island validates FERC’s view that competition reduces costs and increases innovation.
President Obama last week tapped former Colorado utility regulator Ron Binz to replace outgoing FERC Chairman Jon Wellinghoff. We provide a PJM perspective.
The Markets and Reliability Committee Thursday approved changes to the way PJM determines beneficiaries of market efficiency transmission projects.
MRC also...
FERC approved the merger of Entergy Corp’s transmission system with ITC Holdings Corp. and its move into the Midcontinent Independent System Operator (MISO)
FirstEnergy and Duke dispel the myths that accompanied their move to PJM. Both deny they left MISO to improve energy and capacity deliverability to PJM.
Below is a summary of the issues scheduled to be brought to a vote at the Markets and Reliability Committee and Members Committee meetings Thursday, 6/27.
The Interior Department Bureau of Ocean Energy Management (BOEM) oversees development of the nation’s wind energy resources on the Outer Continental Shelf.
Integrating offshore wind into PJM will require billions in new transmission spending. Lines on shore also will have to be upgraded or built.
FERC signaled today that it will increase its scrutiny of the PJM-MISO Joint Common Market process amid complaints that PJM is improperly limiting MISO generation in its capacity market.
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