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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. 
FERC Loosens Requirements in Pandemic
FERC issued a flurry of orders delegating authority and waiving requirements in response to the COVID-19 coronavirus pandemic.
FERC Rejects Cost Formula for NJ Merchant Tx
FERC ruled two merchant transmission operators in New Jersey are liable for cost allocations under PJM’s RTEP despite converting from firm to non-firm.
Danly Sworn in; Morenoff Named Acting General Counsel
James Danly was sworn in as a FERC commissioner, officially beginning a term to end in 2023 and giving Republicans a 3-1 advantage on the commission.
FERC Conditionally OKs Purchase of EPE
FERC conditionally approved J.P. Morgan’s $4.3 billion purchase of El Paso Electric, directing the companies to file a mitigation plan.
Renewable Tax Credit Extensions Not in Stimulus Bill
The wind and solar industries were disappointed that Congress’ $2 trillion stimulus bill did not include extensions of production and investment tax credits.
DC Circuit Upholds FERC on BGE Rate Case
The D.C. Circuit Court of Appeals upheld FERC’s 2017 ruling denying Baltimore Gas and Electric’s bid to recover $38M in taxes deferred over a decade.
Moody’s: Coronavirus Recession to Cut GDP 2.3%
Moody’s Analytics expects U.S. GDP to drop by 2.3% for 2020 as a result of the “sudden stop” in the economy because of the COVID-19 coronavirus pandemic.
Appeals Court Sets Dates in Texas ROFR Challenge
Texas' PUC won extra time to respond to NextEra’s efforts to void a law giving incumbent companies the right of first refusal to build transmission lines.
FERC Sides With PJM on Pseudo-tie Challenges
FERC rejected rehearing requests over the commission’s November 2017 order approving PJM’s tougher requirements for pseudo-tied generators.
SPP FERC Briefs: Week of March 16, 2020
FERC accepted Tri-State's petition that recognizes the cooperative became jurisdictional to the commission when it added its first non-utility member.

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