Federal Energy Regulatory Commission (FERC)
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.
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 gave its blessing to the merger of Columbia Grid and Northern Tier Transmission Group to form NorthernGrid, a transmission planning region stretching eight states.
FERC reiterated that non-transmission owning members of SPP are still subject to a $50,000 deposit for if they withdraw from the RTO.
FERC approved MISO’s proposal to bar participants from its market when it identifies evidence of default, manipulation or unreasonable risk.
MISO’s Board of Directors cleared the Advisory Committee to create an 11th stakeholder sector while instructing the committee to overhaul its sector design.
FERC conditionally approved J.P. Morgan’s $4.3 billion purchase of El Paso Electric, directing the companies to file a mitigation plan.
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.
FERC approved settlements of two complaints over PJM’s regulation market design despite opposition from Dominion Energy and the Independent Market Monitor.
FERC denied rehearings on orders rejecting PJM’s efforts to stop capacity market participants from attempting to arbitrage between the BRA and Incremental Auctions.
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