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.
© RTO Insider LLC
Speaking at the Exelon Innovation Expo, Phillips stressed FERC Order 1920's innovative approach to long-term planning for regional transmission, with a focus on reliability, affordability and sustainability.
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President Joe Biden’s three nominees to FERC are set for a floor vote as soon as next week with Senate Majority Leader Chuck Schumer (D-N.Y.) filing cloture on them.
National Grid Renewables
MISO said new queue entries must wait while it takes another swing at imposing an annual megawatt cap on its interconnection queue.
Entergy
FERC ruled that MISO can apply new settlement practices to generators physically disconnected from the grid during extensive transmission outages triggered by extreme events.
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Stakeholder groups submitted comments to FERC last week in support of ISO-NE’s proposal to create a new longer-term transmission planning process to facilitate more forward-looking transmission investments to meet looming needs.
Senate Energy and Natural Resources Committee
The Senate Energy and Natural Resources Committee advanced all three of President Joe Biden’s nominees to FERC with broad margins in a business meeting.
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PJM's Independent Market Monitor filed a complaint asking FERC to reject all energy efficiency offers into the RTO's capacity market, alleging none of them meet the Base Residual Auction participation requirements.
Oklahoma Municipal Power Authority
FERC accepted SPP tariff revisions that will allow certain transmission facilities’ costs to be entirely allocated on a regional postage-stamp and cost-by-cost basis.
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Severe thunderstorms knocking out power to 1 million Texans did not stop attendees at a NERC-EPRI workshop on a draft standard addressing extreme weather’s effects on transmission planning.
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The PJM MRC endorsed a proposal to revise how capacity obligations for serving large load additions are calculated to limit capacity assignments to areas where the LLAs are forecast to actually interconnect.
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