Federal Power Act (FPA)
Red state AGs asked FERC to reject Vanguard’s request for a waiver allowing it to acquire large stakes in utilities, citing Vanguard’s climate activism.
At FERC’s annual reliability technical conference, commissioners focused on work needed to prepare the bulk power system for rapidly developing challenges.
FERC rejected PJM’s plan to change its handling of synchronized reserve events, saying it would likely result in higher prices and over-procurement.
Stakeholders urged PJM to delay action on generation deliverability testing until rules on capacity interconnection rights for ELCC resources are complete.
PJM members approved a change to the Consensus Based Issue Resolution process and received briefings on options for capacity auction parameters.
At the first in-person MRC meeting since the pandemic, PJM faced opposition to proposals regarding FERC filings and a change to the capacity offer cap.
Fletcher6, CC BY-SA 3.0, via Wikimedia Commons
FERC reluctantly accepted ISO-NE’s plan to remove its minimum offer price rule after a two-year transition period.
Legal challenges to the PJM MOPR do not just concern the RTO and its capacity market; they could set a precedent for how courts review tie votes at FERC.
FERC conditionally accepted Rockland's proposed return on equity and transmission revenue requirement, subjecting both to further hearing.
Three regulatory bodies are demanding an explanation for FERC’s apparent delay in addressing a complaint about the management of a Mississippi nuclear plant.
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