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 nominees Laura Swett and David LaCerte took questions from senators at a confirmation hearing, including many about the future of independent agencies.
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Parties filed their first briefs in the appeal of FERC Order 1920, which mandated changes to regional transmission planning and cost-allocation rules.
Yes Energy
FERC approved settlements between subsidiaries of Berkshire Hathaway Energy and Southern Co. and their regional entities over violations of NERC's reliability standards.
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CAISO’s EDAM clinched a set of wins when FERC approved the market’s revised congestion revenue allocation model and authorized participation for the EDAM’s first two members — PacifiCorp and Portland General Electric.
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ERCOT stakeholders, while raising concerns over the grid operator’s use of conservative operations, have endorsed staff’s recommendations for computing minimum ancillary service quantities for 2026.
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FERC approved a follow-up filing for ISO-NE’s compliance with Orders 2023 and 2023-A, authorizing variations from the final rule related to interconnection point modifications, cost allocation, and commercial readiness deposits.
NextEra Energy
ISO-NE said it is open to capping the balancing ratio used to calculate Pay-for-Performance payments to prevent capacity resources from being required to provide more power than their capacity supply obligations.
Lawrence Berkley National Lab
Two new data sets show the industry has started to cut back on record high interconnection queue levels from last year as reforms have started to take hold.
NRG
PJM's IMM is pushing for limits on NRG after it completes its deal with LS Power to prevent its exercise of market power, but the firm argues they are unneeded and the Monitor has failed to show its math
PJM
PJM’s Markets and Reliability Committee endorsed by acclamation a PJM proposal to rework how the RTO determines whether a new generation point-of-interconnection falls under federal or state jurisdiction.
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