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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Vanguard’s request for an extension of its authorization to procure utility securities went into effect as FERC’s commissioners apparently split 2-2.
© RTO Insider LLC
RTOs should reconsider the practice of relying on single clearing price mechanisms in their markets, FERC Commissioner Mark Christie argued in an article.
© RTO Insider LLC
DOE wants to accelerate transmission projects under development by designating their proposed routes as National Interest Electric Transmission Corridors.
ISO-NE
FERC ordered ISO-NE to reconsider its market mitigation rules because of an “unanticipated and highly atypical” situation that pushed prices higher Dec. 24.
NextEra Energy
FERC last week told MISO it must provide more details around its plan to exclude wind and solar generation from supplying ramping service.
Fletcher6, CC BY-SA 3.0, via Wikimedia Commons
Environmental activists asked FERC to reject ISO-NE’s capacity auction results, calling payments to fossil fuel generators a climate and reliability risk.
SPP
FERC rejected a complaint by three SPP members seeking to overturn the RTO’s decision last year to increase its planning reserve margin from 12% to 15%.
© RTO Insider LLC
All four FERC commissioners testified at an oversight hearing on Thursday, with senators praising its recent approval of natural gas infrastructure.
© RTO Insider LLC
PJM Power Providers asked the 3rd U.S. Circuit Court of Appeals to overrule a FERC order allowing PJM to recalculate reliability requirement parameter for BRAs.
© RTO Insider LLC
FERC approved Duke Energy’s rate settlement with two co-ops to reflect lower corporate taxes enacted during the Trump administration.
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