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July 31, 2024

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. 
MOPR Ruling Threatens to Upend Self-supply Model
ODEC and other self-supply load-serving entities in PJM argue FERC's order to expand the MOPR will undermine their roles in local economic development.
Draft Climate Bill Would Make RTO Membership Mandatory
Among provisions in a draft bill released by House Democrats, intended to reduce emissions by 2050, is a requirement for utilities to join an ISO or RTO.
US Renewable Investment Hits Record $55.5B
U.S. renewable investments jumped 28% to $55.5 billion in 2019, showing clean energy is thriving despite the government’s failure to enact climate policies.
A Year Later, PG&E Close to End of Bankruptcy
Lawyers representing shareholders, fire victims and the government are still wrangling to secure a share of the multibillion-dollar pot PG&E will pay out.
RTOs, TOs Defend Competition Exemptions
Transmission owners defended PJM’s, ISO-NE’s and SPP’s immediate-need reliability projects while states said they are frustrating FERC Order 1000’s intent.
Energy Trading Institute
RTO Council Balks at Credit Rulemaking
The ISO/RTO Council asked FERC to reject financial traders’ request to update RTO credit policies, saying it would upset stakeholder proceedings.
FERC Grants Recovery on PATH Project Costs
FERC said its revised interpretation of accounting rules supports a rehearing request from developers of the abandoned PATH transmission project.
PG&E Settles with Bondholders; Governor Objects
PG&E settled with bondholders whose competing reorganization plan may have been the biggest threat to having its own Chapter 11 reorganization plan adopted.
McNamee Declines to Seek Reappointment
FERC Commissioner Bernard McNamee said he would not seek another term, opening up another slot on the commission for the White House and Senate to fill.
FERC Rejects Rehearing on NEPOOL Press Rules
FERC declined to reconsider two orders upholding NEPOOL’s gag rule but allowing an RTO Insider reporter to join the organization’s End User sector.

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