FERC & Federal
The Federal Energy Regulatory Commission is an independent regulatory agency that oversees the transmission of electricity, natural gas and oil in interstate commerce, as well as regulating hydroelectric dams and natural gas facilities.
DOE invited applications for $6 billion in funding to improve the grid, part of the largest federal investment ever in transmission and distribution.
At its open meeting, FERC significantly advanced NERC’s remit to address the challenges posed by the growth of renewables on the bulk electric system.
At FERC’s annual reliability technical conference, commissioners focused on work needed to prepare the bulk power system for rapidly developing challenges.
NERC and the REs expressed support for FERC's proposal to incentivize voluntary cybersecurity investments, while urging it to also build on existing standards.
The commission ordered the ERO to submit an array of additional information on costs related to the E-ISAC in its 2023 budget.
Entergy will have to pay SERC $60,000 in penalties for violating NERC reliability standards, according to a Spreadsheet Notice of Penalty for September.
Jim.henderson, CC0 1.0 Universal via Wikimedia Commons
National Grid USA must pay $512,000 in penalties to NPCC for violations of NERC reliability standards, under a settlement approved by FERC.
The Electricity Subsector Coordinating Council is discussing how the industry can deploy newfound federal funding to accelerate the energy transition.
FERC has corrected an “incorrect statement” by making a small modification to its annual Winter Energy Market and Reliability Assessment issued last week.
FERC staff said the grid seems well positioned to weather the cold months. However, rising demand is expected to drive gas prices higher than last year’s.
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