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July 23, 2024

Richard Glick

FERC Ups MISO TO ROE, Reverses Stance on Models
FERC lifted MISO transmission owners’ base return on equity from 9.88% to 10.02% and allowed them to add a third calculation model into the mix.
FERC Rejects Complaints on PJM Seasonal Resources
FERC rejected requests to change PJM’s capacity market rules to accommodate seasonal resources.
FERC Approves PJM Reserve Market Overhaul
FERC approved PJM’s proposed energy price formation revisions, agreeing with the RTO that its reserve market was not functioning as intended.
FERC Rejects MISO Expansion of Market Mitigation
FERC rejected MISO’s bid to expand its Independent Market Monitor’s physical withholding mitigation to include non-capacity resources.
FERC Upholds Orders 860, 861
FERC denied multiple requests for rehearing and clarification of Orders 860 and 861, which concerned reporting requirements and screens for MBR sellers.
In Rare Surprise, FERC Declines to Act on Jordan Cove
FERC Commissioner Bernard McNamee voted not to act on the Jordan Cove LNG export facility, resulting in a surprise at tightly scripted open meetings.
Energy Storage: All Grown Up?
About 200 people attended the Energy Storage Association's annual Policy Forum at the National Press Club in D.C.
FERC Denies CPower Waivers for FCA 14
FERC denied CPower’s two waiver requests to allow its seven summer-only distributed solar demand capacity resources to participate in ISO-NE’s FCA 14.
Glick Warns Capacity Rules Putting RTOs ‘in Peril’
FERC Commissioner Richard Glick said he thinks the commission needs to revisit capacity markets or risk putting “in peril the future of RTOs in general.”
FERC’s ‘Rifts’ Only Widened in 2019
The party-line feud between FERC commissioners over whether to consider GHG emissions in reviews of natural gas infrastructure continued last year.

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