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 approved a proposal to allow transmission lines outside California to join CAISO under a new subscriber-funded model that avoids allocating project costs to the ISO’s load-serving entities.
Former FERC Commissioner James Danly told a House Oversight subcommittee that federal subsidies overvalue some resources, while undervaluing others, putting the future of the grid at risk.
FERC released its fiscal year 2025 congressional justification, which would have the agency fund itself with $532 million from fees and annual charges assessed to entities it regulates.
MISO has registered a separate complaint with FERC to retract market-to-market coordination with SPP on a contentious flowgate persistently taxed by a North Dakota cryptocurrency mining operation.
FERC issued an order partly approving rule changes CAISO filed to its tariff that are meant to enable its participation in the Extended Day Ahead Market once it goes live.
FERC Commissioner Mark Christie brought his message of the need for grid reliability to the Gulf Coast Power Association's MISO-SPP Forum, saying the U.S. is "heading for a very dark place."
SPP’s latest attempt to comply with FERC Order 2222 has resulted in the commission’s partial acceptance and a directive to make another compliance filing.
FERC appears to be nearing completion on its transmission planning rulemaking, with cost allocation rules and the federal ROFR among the issues at stake.
The clean energy and consumers groups endorsed a proposal requiring that transmission providers incorporate cost-benefit reporting mechanisms throughout their projects’ lifecycles.
FERC has rejected two complaints from the West Virginia Public Service Commission and the Independent Market Monitor seeking access to PJM's Liaison Committee.
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