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Inflation Reduction Act
Employee Function Replaces Corporate Separation as Cornerstone of FERC's New Standards of Conduct
The Federal Energy Regulatory Commission adopted revised Standards of Conduct (Standards of Conduct) for Transmission Providers "• both natural gas pipelines and electric transmission systems "• in its October 16 Order No. 717. The single largest change from earlier SC...
FERC Issues Policy Statement on Compliance
The Federal Energy Regulatory Commission (FERC) revised its Policy Statement on Compliance October 16. The revision posits four factors FERC will take into account when considering whether to reduce or eliminate civil penalties for violations: (1) The role of senior...
Boucher-Dingell Bill Would Have FERC Run Cap-and-Trade Carbon Market
If the "discussion draft" carbon cap-and-trade bill recently released by Congressmen John Dingell (D-MI) and Rick Boucher (D-VA) becomes law, then FERC would run the carbon market. Within FERC, the bill would create a new Office of Carbon Market Oversight...
Energy Beneficiaries of Economic Stimulus Package
The Energy Improvement and Extension Act of 2008 embedded in the economic stimulus legislation (H.R. 1424) that President Bush signed into law on October 3, 2008, provides nearly $17 billion in various tax credits to promote clean power generation technologies...
GAO Report Urges FERC to Be More Specific on Costs, Benefits of RTO Membership
The Government Accountability Office (GAO) issued a report to Congress on September 26 urging FERC to take additional steps to analyze the benefits and performance of the Regional Transmission Organizations (RTOs) that manage regional transmission grids. FERC's development of RTOs...
Demand "Very Strong" in Nation's First Carbon Allowance Auction
Despite the market turmoil and liquidity concerns on Wall Street in recent weeks, the nation's first government-run auction of carbon dioxide emissions allowances met with "very strong demand," according to the coalition of ten states, the Regional Greenhouse Gas Initiate...
PJM's RPM Dodges Buyers' Bullets However Well Aimed
FERC stopped a rebellion of PJM Interconnection power buyers in a September 19 order that rejected their complaint against PJM's reliability pricing model (RPM) capacity obligation and auction. A motley crew of buyers and their representatives "” coops, state commissions...
FERC Seeks Industry Input on Uniform Definition of "Affiliate"
Seeking to clear up an apparent inconsistency in the definition of an "affiliate" in its regulations, on August 29 FERC issued an order asking for the industry's input on a uniform definition of "affiliate" for purposes of the agency'smarket-based rate...
FERC Revisits Who in PJM Is Going to Pay for Transmission Upgrades
FERC conditionally approved a contested settlement on the allocation of transmission owner costs for projects approved through the regional transmission expansion plan (RTEP) of PJM Interconnection, LLC. The settlement directs how PJM will allocate the transmission owners' costs of RTEP...
FERC Authorizes NYISO to Halt Circuitous Scheduling Around Lake Erie
On August 21, FERC issued an order accepting the New York ISO's (NYISO) emergency revisions to its tariff to prohibit certain scheduling practices around Lake Erie. In its order, FERC approved the NYISO's use of temporary action to reduce unscheduled...
PG&E Announces Plans to Buy 800 MW of Solar Power
One of the largest utilities in California, Pacific Gas and Electric Company ("PG&E"), has signed two contracts to purchase up to 800 MW of power from two new solar plants that will be constructed by photovoltaic (PV) systems manufacturers, OptiSolar...
Texas Commission Selects Plan to Deliver Wind Power from Competitive Renewable Energy Zones
The Texas Public Utility Commission (PUCT) recently selected one of the four transmission scenarios that the Electric Reliability Council of Texas (ERCOT) proposed for bringing a total of 18,456 MW of wind power from West Texas and the Texas Panhandle...
CAIR Court Throws Eastern Utility Markets into Financial Tail-Spin
A panel of the U.S. Court of Appeals for the DC Circuit in a July 11 order threw eastern power markets into financial chaos by vacating the Environmental Protection Agency's (EPA) Clean Air Interstate Rule (CAIR). ( North Carolina v...
NYISO Asks FERC for Authority to Control Congestion and Loop Flow Around Lake Erie
Assailed by sharp increases in transmission congestion and loop flow in its Lake Erie region, New York's Independent System Operator (NYISO) in a July 21st emergency filing asked FERC to approve tariff revisions to prohibit scheduling on commonly used "”...
"Back to the Future" Debate Continues at FERC on State of Competition in Wholesale Power Markets
On the heels of moves in several states to "re-regulate" electric markets, and complaints from consumer advocates that electric competition has not brought about promised savings, FERC has embarked on a series of public conferences regarding the status of competition...