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November 21, 2024

Public Citizen

© RTO Insider LLC
Chatterjee Post Leads to Worries About FERC’s Independence, Staff Exodus
With President-elect Donald Trump promising to "dismantle the deep state," former FERC Chair Neil Chatterjee's social media post offering "insight on who to keep and who to remove" led to worries about the continued independence of the agency.
Talen Energy
PIO Complaint Faults PJM Treatment of Deactivating Generation
Several public interest organizations have filed a complaint with FERC contending PJM’s capacity market inflates consumer prices by not counting generators operating on RMR agreements as a form of capacity.
Electric cat, CC BY-SA 3.0, via Wikimedia Commons
FERC Approves Icahn Deal for AEP Board Seat
FERC approved granting voting rights to a member of American Electric Power’s board of directors who was appointed by investment firm Icahn Group.
Dynegy
FERC Sets Dynegy’s MISO Market Manipulation Case for Hearing
Nearly a decade after the MISO capacity auction in which Dynegy was found to have manipulated clearing prices, FERC has directed hearing and settlement procedures in the case.
Allete
Canada Pension Board, Global Infrastructure Partners to Buy Allete
Canada's pension board and a private equity firm intend to buy Allete for $6.2 billion, a deal that appears to make some Minnesota regulators apprehensive.
Bechtel
Appeals Court Upholds FERC on Gas Project Extensions
The D.C. Circuit ruled in favor of FERC granting previously approved natural gas projects’ requests for an extension of their deadlines to bring the facilities online.
Bridgepoint Group
FERC Rejects Bridgepoint-ECP Deal for Failing to Disclose Common Owner
FERC denied a merger proposal in which Bridgepoint tried to buy a 19.9% stake in Energy Capital Partners, saying it did so without prejudice because the first firm failed to disclose its relationship with a third – Blue Owl.
CrossingLights, CC-BY 4.0, via Wikimedia
FERC Directs J.P. Morgan to Declare Affiliations of Two Holding Firms
FERC issued an order that J.P. Morgan Investment Management qualified as an affiliate of Mankato Companies and IIF US Holding 2, through which it is tied to other firms including El Paso Electric.
Farragutful, CC BY-SA 4.0, via Wikimedia Commons
FERC Approves PJM Cost Recovery for NERC Penalty
FERC agreed that PJM could recover a $140,000 penalty for violating NERC reliability standards from ratepayers.
Sen. Ed Markey via Twitter
Dems Introduce Bill on Transmission Planning, RTO Transparency

Congressional Democrats have reintroduced legislation to require FERC to establish interregional  transmission planning processes and increase RTO transparency.


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