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.
NERC’s Standards Committee remains focused on meeting FERC’s deadlines, granting another waiver to authorize shortening the comment and ballot periods for the ERO’s proposed standard on internal network security monitoring.
Multiple clean energy organizations have asked FERC to reconsider its approval of automatic penalties for withdrawing generation in MISO’s interconnection queue.
FERC OK'd a MISO transmission connection agreement for the $7 billion, 5-GW Grain Belt Express transmission line despite protests from developer Invenergy.
ISO-NE’s compliance proposal for Order 2023 failed to meet the voting threshold to receive support from the NEPOOL Transmission Committee.
Attendees at a NERC forum said they are skeptical a gas reliability organization will resolve the challenges exposed by recent winter storms.
FERC approved four rate incentives to Mid-Atlantic Offshore Development to serve offshore wind in New Jersey under the State Agreement Approach with PJM.
PJM submitted a waiver request asking FERC to delay the 2025/26 Base Residual Auction by 35 days, which would bump the commencement to July 17.
NYISO defended its proposal to set a 10-kW minimum requirement for distributed energy resources to participate in an aggregation.
The West-Wide Governance Pathways Initiative is advancing on its $570,000 funding target. And its members also are wading deeper into one of the key subjects it was conceived to address: CAISO's governance.
FERC approved Vistra's purchase of Energy Harbor, which will allow Vistra to set up a new clean generation/retail firm while spinning off the combined firms' fossil plants into a separate subsidiary.
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