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 extended the compliance deadline for its interconnection queue rulemaking by four months, to April 3, 2024.
FERC OK'd the 2024 business plans and budgets for the ERO, though Commissioner James Danly called for “a significant improvement in … speed and agility.”
What’s in a name? That is the question for FERC Chair — or is it “acting” Chair? — Willie Phillips.
Several generation companies have submitted comments supporting and opposing a proposed settlement to reduce the $1.8 billion PJM assessed against market sellers for underperforming during Winter Storm Elliott by 23%.
The OPSI annual meeting debated PJM’s recent capacity market filing and whether the RTO needs to consider changes to its energy and reserve markets.
FERC approved an open access transmission tariff for the SunZia HVDC line in the Southwest, which will govern how the merchant project can sell any additional capacity it has going forward.
New Brunswick Energy Marketing argued in its 2022 filing that a delivered price test and additional evidence indicate it does not have market power, despite the screen failure.
SPP stakeholders approved two revision requests that set resource adequacy policies, but not before rejecting a compromise position offered by two stakeholder groups.
A Blackstone subsidiary is free to acquire an almost 20% stake in Northern Indiana Public Service Co. after FERC’s consent.
FERC granted a solar developer’s request for a 28-month extension of its commercial operation deadline, finding that it had acted in good faith to develop the facility.
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