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.
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The U.S. Supreme Court overturned the doctrine of Chevron deference to federal agencies in interpreting statutes when issuing rules, ending 40 years of legal precedent.
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FERC directed NERC to submit further changes to its latest cold weather standard within the next nine months.
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FERC accepted NERC's plan for registering inverter-based resources, while dropping a proposal to require more frequent performance assessments from the ERO.
FERC
FERC is moving forward on its examination of dynamic line ratings, with the issuance of an Advance Notice of Proposed Rulemaking indicating the commission is considering requiring the transmission industry to adopt the technology.
MISO
After two requests for more information and nine months, FERC has greenlit MISO’s plan to exchange its current, vertical curve for sloped demand curves in its seasonal capacity auctions.
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MISO reaffirmed its commitment to its second, $25 billion long-range transmission portfolio while stakeholders asked the RTO to be mindful of river crossings and whether it may reassign developers for the first LRTP portfolio’s projects in Iowa.
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FERC Order 1920 could help move the bar significantly on more efficiently expanding the transmission grid, but its ultimate success depends on how it and other policies are implemented, stakeholders say.
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NERC submitted to FERC its proposed cybersecurity reliability standard requiring utilities to implement internal network security monitoring software on select grid cyber systems.
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New Jersey’s Senate Environment and Energy Committee passed a bill supporters said would allow grid-scale solar projects of up to 20 MW to bypass PJM’s interconnection queue and connect to the grid through their local utility.
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FERC will consider several items touching on the ERO Enterprise at June 27 open meeting.
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