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July 4, 2024

James Danly

GE
FERC Rebuffs PJM Monitor in Accepting Kestrel Market Power Analysis
FERC rejected a protest by PJM’s Monitor in approving Kestrel’s updated market power analysis, saying its complaints were directed at the RTO’s rules.
Consumers Energy
FERC Backtracks on Gas Policy Updates
FERC walked back updates to how it considers natural gas infrastructure applications; the Democratic majority cited concern the updates created confusion.
U.S. Forest Service
FERC Rejects PG&E Bid to Raise Profits
FERC rebuffed a request by PG&E for a 13% return on equity based on its financial risks from wildfires and the state's aggressive decarbonization efforts.
© RTO Insider LLC
Glick: No Regrets over Gas Policy Statements
FERC Chair Richard Glick defended the natural gas policy statements a split commission issued last month, rejecting criticism that it overstepped its authority.
Consumers Energy
Split FERC Updates Policies on Gas Infrastructure Applications
FERC voted 3-2 to update its policy on natural gas infrastructure certificates and outlined how it will evaluate the impacts of projects’ GHG emissions.
PJM
FERC Clarifies Order on PJM Reserve Market Changes
FERC clarified that its order on remand partially reversing PJM’s proposed energy price formation revisions did not remove the RTO’s reserve price caps.
Monitoring Analytics
FERC Accepts New PJM FTR Forfeiture Rule, Without Refunds
FERC accepted PJM’s new FTR forfeiture rule without ordering refunds of bills under the previous regime the RTO implemented without commission approval.
The Brattle Group
FERC Rejects PJM 10% Capacity Market Adder
FERC ordered PJM to remove the 10% cost adder for the reference resource used to establish the VRR curve in the RTO’s capacity market.
Invenergy
FERC Splits on Waivers from SPP IC Process
FERC settled two disputes over waivers from SPP’s generator interconnection procedures, approving one, denying the other, with Mark Christie dissenting on both.
Shutterstock
FERC Accepts CAISO Hybrid Rules
FERC accepted a second round of changes from CAISO's stakeholder initiative on hybrid resources, including a contested exemption for renewables plus storage.

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