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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. 
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FERC Declines Rehearing of PJM MOPR; Ball now in 3rd Circuit Court
FERC declined rehearing requests of its inaction on PJM’s narrowed MOPR after a 2-2 tie vote, setting up further action in appellate court.
Shutterstock
SEEM Members Embrace Market Changes
Proponents of the Southeast Energy Exchange Market asked FERC to approve several changes to the new market, which was instituted last month.
South Fork Wind
Interior Greenlights South Fork Wind Project COP
The U.S. Department of the Interior approved the construction and operations plan for the 132-MW South Fork Wind Project being built for LIPA.
Gregory Varnum, CC BY-SA-3.0, via Wikimedia
NRC Inspectors Find 5 Safety Violations at Davis-Besse Nuke
A special inspection team sent by the Nuclear Regulatory Commission to the Davis-Besse nuclear power plant in Ohio on July 27 found five safety violations.
Fletcher6, CC BY-SA-3.0, via Wikimedia
FERC Lowers ROE for Exelon’s Mystic Plant to 9.19%
FERC voted 3-1 to reduce the base return on equity for Exelon’s Mystic Generating Station as part of its reliability-must-run agreement with ISO-NE.
EIA
Glick Asserts FERC Authority to Mitigate GHG Emissions
Concerns over FERC’s legal authority to mitigate greenhouse gas emissions came up throughout the commission’s technical conference on GHG mitigation.
GSEC
FERC Settlement Costs Golden Spread $925K
FERC approved a consent agreement between its Office of Enforcement and Golden Spread Electric Cooperative over charges of market manipulation.
FERC
FERC Enforcement Rebounds from COVID Slowdown
Activity at FERC’s Office of Enforcement opened 12 new investigations and settled nine pending ones for about $7.9 million in fiscal 2021.
© RTO Insider LLC
FERC Seeks Comments on Reactive Power Compensation
FERC approved an inquiry into how reactive power capability should be compensated in the face of changing conditions on the nation’s electricity grid.
C-SPAN
House Passes $1.75 Trillion Build Back Better Act
The U.S. House passed the Build Back Better bill, the $1.75-trillion budget reconciliation package that is key to advancing President Biden’s climate agenda.

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