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.
Transmission development and siting reform were a central theme at the 2024 New York Energy Summit.
FERC accepted an Order 2222 compliance filing by ISO-NE while requiring the RTO to make an additional filing to detail deadlines for distributed energy resource aggregators to submit metering data.
FERC approved PJM’s cost allocation for a $5 billion in transmission upgrades aimed at resolving reliability violations posed by growing data center load in Northern Virginia and retirements in Maryland.
Interconnection requests across the U.S. shot up by 30% in 2023, with close to 2,600 GW of solar, wind and storage waiting to land a spot on the grid.
NERC highlighted its progress over the last five years in its draft performance assessment.
Most of the U.S.’ dams lack adequate cybersecurity protections, and FERC’s resources are too limited to develop them, senators heard in committee.
Stakeholders are still seeking clarity on details in CAISO’s plan to streamline its interconnection process after the ISO released its final proposal to address the issue after 10 intensive months.
FERC approved the participation of PJM in New Jersey’s second solicitation for transmission to interconnect offshore wind, as the state Board of Public Utilities evaluates proposals submitted by the solicitation’s April 3 deadline.
FERC has yet to issue a final rule on transmission planning, but supporters of competition for transmission development have said they will appeal it to court if it reimposes a federal right of first refusal.
Climate activists from New England are calling on FERC to reject the results of ISO-NE’s Forward Capacity Auction 18, arguing the auction disproportionately favored fossil fuel resources.
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