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.
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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The Department of Energy is seeking recipients for up to $70 million of investments into energy resilience.
FERC
FERC approved $2.3 million in penalties against Vitol and one of its traders for manipulating CAISO's market in 2013 to limit losses stemming from the firm's congestion revenue rights position.
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FERC rejected PG&E's request for an adder to its transmission rates based on its participation in CAISO, finding that California law precludes it from leaving the ISO without the state’s permission.
ISO-NE
FERC has approved ISO-NE’s proposal to delay Forward Capacity Auction 19 by one year, pushing the auction to February 2026.
Grid North Partners
FERC OKd Dairyland Power Coop’s requested rate incentives for the Wilmarth-North Rochester-Tremval project, a 169-mile line spanning Minnesota and Wisconsin.
Basin Electric Power Cooperative
A federal appeals court rejected Lincoln Electric System’s request to review a FERC decision turning down the utility’s request to recover costs from its investment in a Wyoming generating facility.
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