ferc
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News
FRR: Will it Uproot PJM and the Organized Capacity Markets?
It’s an article of faith in large parts of the U.S.—at least among power industry people—that organized and Federal Energy Regulatory Commission (FERC)–regulated “merchant” interstate power markets are the best way to ensure a sufficient supply of electricity, as well as to ensure fair and equitable prices for ratepayers. On that basis, large areas of […]
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News
PSEG to Return to Regulation, Will Divest 6.7-GW Fossil, Solar Fleet
Public Service Enterprise Group (PSEG), New Jersey’s giant utility, has become the latest major U.S. power company to seek an exit from the competitive generation business. In a statement attached to the company’s second-quarter 2020 earnings results released on July 31, Ralph Izzo, PSEG chairman, president, and CEO, said the company is “exploring strategic alternatives” […]
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Coal
MISO Role for Coal Approved by FERC
Washington, D.C. – Yesterday, the Federal Energy Regulatory Commission (FERC) approved a proposal from the Midcontinent Independent System Operator (MISO) to add a new affiliate sector to its Advisory Committee that will provide formal representation for the coal sector, thus enabling coal interests to provide their perspective on important policy issues as part of MISO’s […]
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Legal & Regulatory
FERC Finalizes PURPA Rule Reforms
The Federal Energy Regulatory Commission (FERC) finalized a long-awaited rule revising regulations that govern qualifying small power producers and cogenerators under the Public Utility Regulatory Policies Act of 1978 (PURPA). While FERC said the rule was necessary to respond to significant market changes, the action drew mixed reactions from industry. FERC’s final rule issued on […]
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Business
The Evolution of Power Business Models
Traditional models have been upended by recent disruptions, including decarbonization, decentralization, and even the COVID pandemic, but new ones are replacing them that focus on customer preference
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Commentary
Competitive Markets and Environmental Goals—Yes, They Can Coexist
While the nation is rightfully consumed with responding to the COVID-19 crisis, other battles are being fought that also will have decades-long consequences. One of those involves states seeking to override
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Commentary
Filed Rate Doctrine: A Powerful Tool in Energy Litigation
The regulatory landscape for the energy industry has changed significantly in the past few decades, but a century-old Supreme Court canon—the filed rate doctrine—continues to be a valuable tool for
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Legal & Regulatory
Trump Expands Regulatory Rollback, Including for Power, Amid Economic Fallout
President Trump in a new executive order (EO) has directed federal agencies to rescind, modify, waive, or provide exemptions from regulatory requirements that may inhibit economic recovery. The Executive Order on Regulatory Relief to Support Economic Recovery, issued May 19, is sweeping and extends beyond the administration’s previous efforts to scale down regulatory mandates—including the […]
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News
FERC Plans Discussion of COVID-19 Impacts
The Federal Energy Regulatory Commission (FERC) is planning a technical conference this summer that would look at long-term impacts of the coronavirus pandemic on the energy industry. The discussion would look at how the industry should approach investments and infrastructure development should the trend of lessening demand for electricity, and oil and gas, continue. Industry […]
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Supply Chains
Trump Ban on Foreign Bulk Power Equipment Triggers New Uncertainty
Declaring a national emergency over threats to the U.S. bulk power system (BPS), President Trump in an executive order (EO) on May 1 issued a sweeping ban on transactions by U.S. persons for electric equipment sourced abroad if the U.S. government determines they pose undue security risks. Because foreign adversaries are “increasingly creating and exploiting […]
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