Federal Energy Regulatory Commission (FERC)
FERC issued an order ending a couple years of litigation over what Tri-State can charge its exiting members, picking a "Balance Sheet Approach" initially proposed by departing member United Power and then modified by commission staff.
FERC commissioners urged SPP to conduct a stakeholder process to vet a proposal to socialize “byway” transmission on a case-by-case basis.
FERC opened an inquiry into whether it should continue to grant blanket authorizations for holding companies to purchase public electric utility securities.
FERC rejected SPP’s proposed market power test for the Western Energy Imbalance Service, saying it gave the Market Monitor too much discretion.
FERC approved a settlement between PJM and 81 parties to reduce the $1.8 billion in penalties assessed against generators that underperformed during Winter Storm Elliott.
FERC found SPP mostly in compliance with the directives of Order 881.
FERC Commissioner Mark Christie used orders on two transmission projects to blast the commission’s “ridiculously generous” incentives.
A report by FERC, NERC and Texas RE focused on the risk of natural gas disruptions to utilities' black-start restoration plans.
The Department of Energy released its final guidelines for the designation of National Interest Electric Transmission Corridors, which are narrowly defined areas where transmission is urgently needed to ensure reliability and affordability and advance “important national interests.”
FERC’s December meeting was the last open meeting for both its longtime Secretary Kimberly Bose and Commissioner James Danly, both of whom were honored for their service.
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