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 has ordered American Efficient to defend its energy efficiency programs in PJM and MISO or pay a $722 million penalty and return $253 million in profits to ratepayers.
Stakeholders are split on whether FERC should adopt additional changes to its generator interconnection rules, or focus on implementing Order 2023 while letting specific regions go further on their own, according to comments filed after a September technical conference.
FERC and a group of regulators from 10 states began discussing gas-electric coordination at the first meeting of the new Federal-State Current Issues Collaborative.
With President-elect Donald Trump promising to "dismantle the deep state," former FERC Chair Neil Chatterjee's social media post offering "insight on who to keep and who to remove" led to worries about the continued independence of the agency.
SEEM's opponents argued that FERC should recognize the market as a loose power pool and regulate it accordingly.
Members of the Southeast Energy Exchange Market argued to FERC that the market is beneficial to customers and should be allowed to continue.
FERC approved LS Power’s purchase of an 810-MW natural gas plant in central Pennsylvania despite some qualms from PJM’s Independent Market Monitor.
PJM should adopt a more proactive transmission planning process to deal with the changing resource mix and growing demand on its system in the coming 15 years, according to a report by Americans for a Clean Energy Grid.
FERC has yet to issue a final rule on transmission planning, but supporters of competition for transmission development have said they will appeal it to court if it reimposes a federal right of first refusal.
FERC approved four rate incentives to Mid-Atlantic Offshore Development to serve offshore wind in New Jersey under the State Agreement Approach with PJM.
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