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FERC Denies Motion to Drop Enforcement Action in GreenHat Proceeding, Sparking Dissent from Commissioner Danly

On January 5, 2022, FERC denied a motion of the Andrew Kittell Estate (“Kittell Estate”) to drop FERC’s enforcement action against GreenHat Energy, LLC (“GreenHat”) because of an October 1, 2021 revelation that FERC’s...more

Applicants for Jordan Cove LNG Project Request FERC to Vacate Authorizations

On December 1, 2021, Jordan Cove Energy Project and Pacific Connector Gas Pipeline (the “Jordan Cove Developers” or “Developers”) notified the Federal Energy Regulatory Commission (the “Commission”) of their decision not to...more

FERC issues Notice of Inquiry on Reactive Power

On November 18, 2021, FERC issued a Notice of Inquiry (“NOI”) inviting comments on reactive power capability compensation and market design. The NOI highlights various issues with reactive power filings that have resulted...more

PJM MOPR Replacement Takes Effect by Operation of Law; Commissioners Issue Separate Statements

On September 29, 2021, FERC recognized that PJM’s Minimum Offer Price Rule (“MOPR”) replacement proposal, previously filed with FERC on July 30, 2021, went into effect by operation of law after the Commission failed to act on...more

FERC Rejects Reactive Compensation Settlement, Finding Methodology Flawed

On September 23, 2021, FERC issued an order rejecting a unilateral offer of settlement regarding the compensation for reactive power by Panda Hummel Station LLC (“Panda”) under Schedule 2 of the PJM Interconnection LLC...more

FERC Denies Cross-Sound Cable Company’s Application for Incentive Rate Treatment to Comply with IROL-CIP Costs

On August 31, 2021, FERC denied Cross-Sound Cable Company, LLC’s (“Cross-Sound Cable”) application for incentive rate treatment to create a regulatory asset to recover costs incurred between 2016 and 2021 to comply with...more

9/16/2021  /  Energy Sector , Federal Power Act , FERC

D.C. Circuit Upholds Use of Combustion Turbine as Reference Resource in PJM Capacity Market, Finds 10% Net CONE Adder Arbitrary...

On July 9, 2021, the United States Court of Appeals for the District of Columbia Circuit (“D.C. Circuit”) denied in part and granted in part a petition for review of FERC’s orders accepting revisions to PJM Interconnection,...more

7/21/2021  /  Energy Market , Energy Sector , FERC

FERC Accepts NYISO Operating Reserve Pricing Proposal, Rejects Proposal for Procuring Supplemental Reserves

On June 23, 2021, FERC accepted in part and rejected in part the New York Independent System Operator’s (“NYISO”) February 2021 proposal to revise its process for procuring operating reserves throughout the New York Control...more

7/12/2021  /  Energy Market , Energy Sector , FERC

FERC Provides Guidance on Justification Filings for Sales Above the WECC Soft Price Cap

On June 17, 2021, FERC issued an order providing guidance on the means by which sellers in the Western Electricity Coordinating Council (“WECC”) market can demonstrate that sales made above the $1,000/MWh soft price cap were...more

6/30/2021  /  Electricity , Energy Sector , FERC

FERC Maintains Order Directing Briefing Long After Authorizing Gas Facilities to Begin Operations, Prompting Dissent from...

On May 19, 2021, FERC issued an order dismissing requests for rehearing of an order directing briefing (“Briefing Order”) about the operation of Algonquin Gas Transmission, LLC’s Atlantic Bridge project after finding that...more

FERC Accepts Proposed Enhancements to CAISO Energy Imbalance Market

On April 30, 2021, FERC accepted the California Independent System Operator Corporation’s (“CAISO”) submission of two proposals to revise its Tariff to amend provisions for its Energy Imbalance Market (“EIM”). In its first...more

5/14/2021  /  CAISO , Energy Market , Energy Sector , FERC

FERC Proposes Reforms to RTO Participation Incentive in Supplemental NOPR

On April 15, 2021, FERC issued a Notice of Proposed Rulemaking (“NOPR”) to supplement the March 2020 NOPR regarding its electric transmission incentive policy under Federal Power Act (“FPA”) section 219 (see March 23, 2020...more

4/26/2021  /  Energy Sector , Federal Power Act , FERC , ISOs , RTO

FERC Accepts NYISO Co-Located Storage Resource Participation Model

On March 30, 2021, FERC accepted the New York Independent System Operator’s (“NYISO”) proposed Co-located Storage Resource (“CSR”) Participation Model to enable energy storage resources (“ESRs”) paired with wind or solar...more

FERC Grants Complaints, Directs Further Briefing on PJM Capacity Market Default Offer Cap

On March 18, 2021, FERC granted two consolidated complaints alleging that the default offer cap in PJM Interconnection, L.L.C.’s (“PJM”) capacity market is unjust and unreasonable because the Expected Performance Assessment...more

Upcoming FERC Workshops and Technical Conferences

FERC is hosting a number of workshops and technical conferences over the next several months. These include the Resource Adequacy technical conference; Listening Tour for the Office of Public Participation; workshop on...more

In PJM MOPR Proceeding, FERC Vacates Footnote Prompting Danly Dissent

On February 18, 2021, FERC took action in a multi-year dispute over the PJM Interconnection’s capacity market pricing rule known as the Minimum Offer Price Rule (or, “MOPR”) by vacating a single troublesome footnote from its...more

2/26/2021  /  Energy Market , Energy Sector , FERC , Wholesale

FERC Issues Notice of Inquiry on Accounting Treatment of Renewable Energy Assets

On January 19, 2021, FERC issued a Notice of Inquiry (“NOI”) seeking comments on the appropriate accounting and reporting treatment for certain renewable energy assets and for the purchase, generation and use of renewable...more

FERC Alters Mystic’s Cost-of-Service Agreement; Commissioner Glick Dissents Again

On December 21, 2020, FERC either set aside in part or modified its previous cost-of-service compensation decision allowing Constellation Mystic Power, LLC (“Mystic”) to continue operating two gas-fired generation facilities...more

FERC Issues Notice of Proposed Rulemaking on Cybersecurity Investment Incentives

On December 17, 2020, FERC issued a Notice of Proposed Rulemaking proposing to revise its regulations to establish incentives for public utilities to make certain cybersecurity investments that go beyond the current...more

FERC Clarifies FPA Section 203 Authorization Requirements Prior to Acquisition of a Utility’s Operational Management...

On December 2, 2020, FERC clarified that when an entity with passive equity holdings in a company later wants to assume operational responsibilities over the company, the entity must obtain authorization under Federal Power...more

FERC Orders ISO-NE to Remove FCM New Entrant Rules From its Tariff

On December 2, 2020, FERC ordered ISO New England, Inc. (“ISO-NE”) to remove the price-lock mechanism and zero-price offer rule (together, the “New Entrant Rules”) from Tariff provisions relating to its Forward Capacity...more

12/10/2020  /  Energy Market , Energy Sector , FERC , ISOs , Tariffs

FERC Largely Accepts PJM Reserve Market Compliance Filings

On November 12, 2020, FERC accepted two compliance filings submitted by PJM Interconnection, L.LC. (“PJM”) in which PJM proposed updates to its reserve market and forward-looking energy and ancillary services offset (“E&AS...more

11/19/2020  /  Energy Market , Energy Sector , FERC , Tariffs

FERC Rejects ISO-NE’s Long-Term Fuel Security Proposal

On October 30, 2020, FERC rejected ISO New England Inc.’s (“ISO-NE”) proposed revisions to the ISO-NE tariff to resolve long-term fuel security concerns in the New England region. FERC found that ISO-NE’s proposed solutions...more

11/12/2020  /  Energy Market , Energy Sector , FERC , ISOs , Tariffs

FERC Affirms PJM’s Voluntary Binding Cost Commitment Requirements Related to RTEP

On October 26, 2020, FERC issued an order on rehearing sustaining its previous order in which it accepted PJM Interconnection, L.L.C.’s (“PJM”) proposed revisions to the PJM Operating Agreement related to the Regional...more

FERC Upholds Prior Decision Applying NYISO Buyer-Side Market Power Mitigation Rules to Electric Storage Resources

On October 15, 2020, FERC issued an order sustaining, with modifications, its previous denial of a complaint that claimed New York Independent System Operator, Inc.’s (“NYISO”) buyer-side market (“BSM”) power mitigation rules...more

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