Federal Energy Regulatory Commission
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Commentary
What FERC Order 2023 Means for the Interconnection Queue
In recent years, concerns about the lengthy interconnection queue have dominated headlines. This queue has emerged as a major obstacle to adding new generating facilities to the U.S. power grid. It is primarily caused by grid congestion, permitting issues, extensive infrastructure project delays, and the traditional interconnection study approaches used in many states. To address […]
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Legal & Regulatory
PJM Capacity Market Reforms Shake Up Resource Accreditation, Impose New Offer and Testing Requirements
The Federal Energy Regulatory Commission (FERC), in Docket No. ER24-99-000, recently approved a suite of tariff revisions submitted by PJM intended to “accommodate the energy transition while maintaining resource adequacy.” Although the reforms affect many aspects of PJM’s Reliability Pricing Model (RPM), this commentary highlights: The transition from capacity accreditation using Equivalent Demand Forced Outage […]
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Legal & Regulatory
Former FERC Commissioner Says ‘Market Design Problem’ Was a Leading Cause of February 2021 Texas Power Crisis
In February 2021, a severe cold weather event, known as Winter Storm Uri, caused numerous power outages, derates, or failures to start at electric generating plants scattered across Texas and the south-central U.S. The Electric Reliability Council of Texas (ERCOT), which manages the power supply for about 90% of the load in Texas, ordered a […]
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Markets
FERC Tackles Modernization of U.S. Power Markets
The seven major organized electricity markets scattered across the U.S. account for roughly two-thirds of all power generated in the country. Most of these markets are made up of Independent System Operators (ISOs) and Regional Transmission Organizations (RTOs) that were created more than twenty years ago. The primary mission of the markets is to neutrally […]
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Legal & Regulatory
Is America Ready to Take a ‘Baby Step’ Toward Carbon Pricing?
Most people recognize that carbon dioxide (CO2) is a greenhouse gas (GHG), and while not everyone agrees, a majority of climate scientists believe increasing concentrations of GHGs in the atmosphere are causing climate change on Earth. Carbon pricing is a market-based strategy for reducing CO2 emissions. The goal of carbon pricing schemes is to place […]
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Commentary
Start with Reliability to Crack the Cost-Emissions-Resilience Puzzle in Electric Power
The way we generate and distribute electricity has become a Rubik’s cube for power companies, regulators, and consumers. The need to reduce carbon emissions linked to climate change by investing in renewables is acknowledged by most experts. At the same time, recent unusual weather events have demonstrated that there is also an urgent need to […]
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Commentary
FERC Opens Electricity Markets to Distributed Resource Aggregators
By Bud Earley and Mark Perlis, Covington & Burling LLP The Federal Energy Regulatory Commission (FERC) on Sept. 17, 2020, approved a final rule that will enable distributed energy resource aggregators to compete in organized wholesale electricity markets. Distributed energy resources (DERs) are located on the electric distribution system or behind the customer meter and […]
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Legal & Regulatory
FERC’s LaFleur Decries Partisanship and Politicization
“I hate to see things going out along party lines,” Cheryl LaFleur, outgoing commissioner of the Federal Energy Regulatory Commission (FERC), told POWER during an exclusive interview. “During my 35 years of watching FERC, that has not been the pattern.” During the early years of the Obama administration, “we didn’t think of ourselves as [partisan],” […]
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POWER Podcasts
FERC and Cybersecurity: It’s Complicated [PODCAST]
Carol Holahan, counsel in Foley Hoag’s Energy & Cleantech practice, was a guest on The POWER Podcast. Holahan advises large regional generators and other participants in the wholesale and retail competitive electricity markets on policy initiatives, changing environmental regulations, decommissioning and sale of plants, and matters pending before the Federal Energy Regulatory Commission (FERC). During […]
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Legal & Regulatory
Natural Gas: Clear Skies, Some Clouds on the Horizon
Horizontal drilling technology and fracking techniques have created a natural gas revolution in the U.S. The future looks bright for gas-fired power generation but there are three potential storm clouds that