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July 24, 2024

Federal Energy Regulatory Commission (FERC)

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Settlement over PJM Elliott Penalties Receives Broad Support
Several generation companies have submitted comments supporting and opposing a proposed settlement to reduce the $1.8 billion PJM assessed against market sellers for underperforming during Winter Storm Elliott by 23%.
© RTO Insider LLC
Overheard at the OPSI Annual Meeting
The OPSI annual meeting debated PJM’s recent capacity market filing and whether the RTO needs to consider changes to its energy and reserve markets.  
SunZia
FERC Approves Tariff for SunZia Transmission
FERC approved an open access transmission tariff for the SunZia HVDC line in the Southwest, which will govern how the merchant project can sell any additional capacity it has going forward.
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FERC Orders Section 206 Proceeding for New Brunswick Energy Marketing
New Brunswick Energy Marketing argued in its 2022 filing that a delivered price test and additional evidence indicate it does not have market power, despite the screen failure.
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SPP Markets and Operations Policy Committee Briefs: Oct. 16-17, 2023
SPP stakeholders approved two revision requests that set resource adequacy policies, but not before rejecting a compromise position offered by two stakeholder groups.
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FERC Allows Blackstone Subsidiary to Purchase 20% Stake in NIPSCO
A Blackstone subsidiary is free to acquire an almost 20% stake in Northern Indiana Public Service Co. after FERC’s consent.
BLM
FERC OKs Extension for Oklahoma Solar Farm
FERC granted a solar developer’s request for a 28-month extension of its commercial operation deadline, finding that it had acted in good faith to develop the facility.
NYISO
NYISO Plans Early November Filing for Partial Order 2023 Compliance
NYISO will ask FERC to eliminate certain interconnection study processes and give queued projects more flexibility to proceed.
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FERC Accepts ISO-NE Filing to Allow Storage as a Tx-Only Asset
ISO-NE can consider transmission-only battery storage as an option to address transmission system issues, FERC ruled.
FERC
FERC Orders Reliability Rules for Inverter-Based Resources
FERC issued a final rule Thursday directing NERC to develop standards to improve the reliability of inverter-based resources.  

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