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July 26, 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. 
FirstEnergy
FirstEnergy Shareholder Settlement: 6 of 16 Board Members Must Leave
Under a settlement with shareholders, six members of FirstEnergy’s board of directors would not seek re-election at the company’s annual meeting in May.
Nasdaq
EEI Urges Passage of Renewable Tax Credits
In its yearly Wall Street briefing, the Edison Electric Institute stressed the importance of extending federal tax credits for renewable resources.
© RTO Insider LLC
Moniz Boosts Nuclear Innovation, DOE Reorganization
Former U.S. Energy Secretary Ernest Moniz on Friday called for policy changes to increase private capital for advanced nuclear reactors.
SPP
NextEra Transmission Subsidiary Gains Abandonment Approval
FERC granted NextEra Energy Transmission Southwest’s request to recover all prudently incurred costs associated with an $85.2 million competitive project.
© RTO Insider LLC
MISO Members to Consider Federal Infrastructure Bill
MISO’s Advisory Committee planned a roundtable discussion on how the footprint could be affected by the recently passed Infrastructure Investment and Jobs Act.
© RTO Insider LLC
Glick Aiming for Final Transmission Rule by End of Year
FERC Chair Richard Glick said he hopes to issue a final rule on transmission planning and cost allocation by the end of the year or early 2023.
Target
Industry Welcomes DOE’s Better Grid Initiative
The industry says DOE's Building a Better Grid initiative will prioritize national transmission solutions, allowing more renewable resources on the grid.
SEEM
Environmental Groups Appeal SEEM in DC Circuit
Opponents of the Southeast Energy Exchange Market asked the D.C. Circuit Court of Appeals to overturn FERC's approval of the expanded bilateral market.
DangApricot, CC BY-SA-3.0, via Wikimedia
FERC Auditors Find FirstEnergy Accounting Irregularities
A FERC audit of FirstEnergy found numerous instances of misallocated costs that may have been passed through to customers.
NTE Energy
Killingly Stays Alive After DC Circuit Halts FERC’s Termination Order
The order complicates ISO New England's capacity auction scheduled for Monday. 

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