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.
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FERC partially granted two challenges arguing that AEP subsidiaries in SPP and PJM had not properly reflected the benefits of filing consolidated tax returns in their 2021 formula rates.
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NERC provided its plan for addressing FERC's directive to address reliability concerns with inverter-based resources.
FERC
FERC Chair Willie Phillips expressed confidence that the commission will approve its NOPR on transmission planning and cost allocation this year.
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NERC is taking comments on a winter reliability standard for generators that has failed to clear its stakeholder process twice.
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Congressional Democrats sent a pair of identical letters to FERC urging the commission to complete its transmission cost allocation and planning rule.
IBEW
Mark Christie used FERC’s latest order on transmission incentives to condemn the process as requests for incentives come in from several MISO’s long-range transmission projects.
AEP Transmission
The D.C. Circuit Court of Appeals has rejected four Texas cooperatives’ request to review a 2019 FERC decision over AEP's transmission rates.
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FERC Commissioner Allison Clements has focused her energy on grid-enhancing technologies since joining the commission and taken a key role in helping establish appropriate incentive mechanisms.
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FERC approved a $40,000 penalty against multiple Duke Energy facilities for violations of NERC reliability standards.
NRG Energy
While an inspection into its approval process plays out, FERC has allowed the Elliott Investment Management firm to buy a sizable chunk of NRG Energy stock.
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