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.
PJM continued its presentation of its proposal to overhaul the capacity market during a June 21 Critical Issue Fast Path process meeting.
FERC rejected PG&E's proposed transmission-to-transmission interconnection agreement, which generated strong opposition.
FERC stakeholders debated winter reliability challenges in the Northeast, including the potential loss of the Everett LNG import terminal.
FERC issued orders directing transmission providers to clarify their timelines for calculating and submitting ambient-adjusted line ratings under Order 881.
New England utilities have sought information on the agreement between ISO-NE and the Mystic power plant in Massachusetts.
FERC approved new rules intended to strengthen the grid against both extreme heat and cold weather events.
At Infocast’s Transmission & Interconnection Summit, experts said interconnection requests continue to grow and grid operators have tried to keep pace.
FERC’s two Republican commissioners told members of Congress on Tuesday that the U.S. is heading toward a reliability crisis driven by the rapid retirements of dispatchable fossil fuel-fired generators.
FERC approved PJM’s request to delay its 2025/26 capacity auction from Wednesday until next year as the RTO seeks to revamp its market rules.
In a June 5 response to FERC, MISO defended its plan to bar renewable energy from supplying ramping reserves.
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