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.
Analysis Group
The Senate confirmed Judy Chang to a five-year term at FERC, meaning the commission will be at a full complement of five members even after Commissioner Allison Clements leaves at the end of June.
Basin Electric Power Cooperative
A FERC administrative law judge found that Basin Electric Power Cooperative improperly included the costs of a for-profit gasification business in its wholesale electricity rates.
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The U.S. Senate confirmed two of President Joe Biden’s three nominees, David Rosner and Lindsay See, to FERC and is poised to take a final vote on Judy Chang.
Idaho Power
FERC approved CAISO tariff revisions that will allow transmission owners to recover transmission revenue shortfalls attributed to transitioning their assets into the Extended Day-Ahead Market.
NYISO
Emily Chen, an analyst with FERC’s Office of Energy Market Regulation, gave a briefing on Orders 1920 and 1977 to members of the NYISO Management Committee during a joint meeting with the ISO’s Board of Directors.
Xcel Energy
FERC authorized an exception to MISO’s interconnection rights transfer process, allowing two Xcel Energy subsidiaries to cooperate on a replacement of a coal-fired plant with a solar farm.
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PJM’s Market Implementation Committee endorsed by acclamation a proposal to add two energy market parameters for economic demand response.
SPP
SPP filed bylaw amendments at FERC to place seven Western entities under its tariff that, if approved, will make the RTO the first grid operator with markets in both major interconnections.
Dynegy
Nearly a decade after the MISO capacity auction in which Dynegy was found to have manipulated clearing prices, FERC has directed hearing and settlement procedures in the case.
Western Power Pool
FERC approved tariff revisions by Berkshire Hathaway Energy subsidiaries PacifiCorp, Nevada Power and Sierra Pacific Power that will enable the utilities to earn market-based rates when participating in the WRAP.
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