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 dismissed separate complaints from MISO and Montana-Dakota Utilities Co. over a MISO-SPP flowgate chronically stressed by a North Dakota cryptocurrency mining operation.
Congress and FERC will need to act to update its rules on interregional transmission planning, and likely permitting, if NERC’s Interregional Transfer Capability Study is going to be of any use, experts said on a webinar hosted by Americans for a Clean Energy Grid.
The Independent Market Monitor has argued energy efficiency can’t participate as a capacity resource because the load reductions already are accounted for in PJM’s load forecast.
FERC approved a deal in which BlackRock would buy all the limited liability company interests in Global Infrastructure Management for $3 billion in cash and 12 million shares of BlackRock Funding.
NYSEG acknowledged its primary and backup control centers shared too many communication links in a settlement approved by FERC.
FERC is considering additional changes to its rules on generator interconnections, with a technical conference set for Sept. 10-11 that saw pre-conference comments filed this week.
In a new report on compliance with NERC's CIP standards, FERC identified several areas for improvement from recent audits of registered entities.
NERC staff had to "hit the ground running" after the Board of Trustees ordered a technical conference on inverter-based resource standards, the Standards Committee heard.
FERC rejected without prejudice Basin Electric’s proposed cryptocurrency and large load rate schedules, saying it had not demonstrated that such loads pose a greater stranded asset risk.
Members of the Southeast Energy Exchange Market argued to FERC that the market is beneficial to customers and should be allowed to continue.
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