News & Analysis as of

Energy Sector Federal Energy Regulatory Commission PJM

Paul Hastings LLP

FERC Proposes Rule to Prohibit Reactive Power Compensation for Generators

Paul Hastings LLP on

On March 21, 2024, the Federal Energy Regulatory Commission (FERC or Commission) issued a Notice of Proposed Rulemaking (NOPR) in Docket No. RM22-2 that proposes to prohibit transmission providers from allowing generating...more

Orrick, Herrington & Sutcliffe LLP

FERC Approves PJM Interconnection Process Reforms to Address Backlog

On November 29, 2022, FERC issued an order approving a proposal by PJM to reform its interconnection procedures to enable it to process new interconnection requests more efficiently. The PJM reforms represent one of several...more

White & Case LLP

FERC Approves PJM Generator Interconnection Queue Reforms

White & Case LLP on

On November 29, 2022, the Federal Energy Regulatory Commission ("FERC") issued an order1 accepting a proposal from PJM Interconnection, L.L.C. ("PJM") effectuating comprehensive reforms to its existing generator...more

Stoel Rives LLP

FERC Accepts PJM’s Interconnection Queue Reform

Stoel Rives LLP on

In a “FERC after dark” order issued late yesterday, November 29, the Federal Energy Regulatory Commission (FERC) largely accepted a comprehensive reform of the PJM interconnection process that applies to both generation and...more

A&O Shearman

PJM’s New ‘Focused’ MOPR Goes Into Effect by Operation of Law

A&O Shearman on

PJM Interconnection Inc.’s (PJM) new “Focused” Minimum Offer Price Rule (MOPR) went into effect on September 29, 2021, by operation of Section 205 of the Federal Power Act (FPA), because the Federal Energy Regulatory...more

Holland & Knight LLP

President Biden Promotes Glick to FERC Chair

Holland & Knight LLP on

President Joe Biden on Jan. 21, 2020 named Commissioner Richard Glick as the chair of the Federal Energy Regulatory Commission (FERC). Commissioner Glick – who formerly was the general counsel for the Democrats on the Senate...more

WilmerHale

FERC in the Biden Era

WilmerHale on

The Federal Energy Regulatory Commission (FERC or the Commission) is poised to play an important role in the administration of President-elect Joe Biden, in light of the emphasis that the Biden administration will likely...more

A&O Shearman

PJM Makes MOPR Compliance Filing and Proposes Timing for Delayed RPM Auction

A&O Shearman on

Ohio Commission Requests Comment Delay for COVID-19 Emergency On March 18, PJM Interconnection, L.L.C (PJM) filed with the Federal Energy Regulatory Commission (FERC) proposed changes to its Tariff in compliance with FERC’s...more

WilmerHale

Issues to Watch at FERC in 2020

WilmerHale on

Several developments may raise the profile of the Federal Energy Regulatory Commission (FERC or the Commission) in 2020. First, the growing importance of renewable energy generation will raise new issues for FERC. On...more

King & Spalding

Energy Newsletter - August 2019

King & Spalding on

Significant Changes to FERC’s Rules for Market-Based Rate Sellers - On July 18, 2019, the Federal Energy Regulatory Commission (“FERC”) issued two orders modifying its rules for sellers to obtain or retain authorization...more

King & Spalding

Impact of the Delayed PJM Base Residual Auction on Excess Cash Flow Sweeps Under Construction Financings

King & Spalding on

In a July 25, 2019 order, the Federal Energy Regulatory Commission (“FERC”) directed PJM Interconnection, L.L.C. (“PJM”) not to conduct the Base Residual Auction (“BRA”) to procure capacity for the 2022-2023 delivery year in...more

Stoel Rives - Renewable + Law

FERC Issues NOPR to Eliminate Horizontal Market Screens for Certain MBR Sellers

The Federal Energy Regulatory Commission (“FERC”) issued a Notice of Proposed Rulemaking (“NOPR”) on December 20 proposing changes to its regulations regarding the horizontal market power analysis required for market-based...more

Akin Gump Strauss Hauer & Feld LLP

PJM Adds New Notification Requirements for Certain “Change-in-Ownership Transactions”

Effective June 1, 2018, PJM Interconnection, L.L.C. implemented new notification requirements for certain transfers of interests in generation facilities in PJM (collectively, “Change-in-ownership Transactions”). PJM also...more

Morgan Lewis

PJM Interconnection Implements New Requirements for Generator Interest and Asset Sales

Morgan Lewis on

Regional transmission operator PJM Interconnection, L.L.C. recently changed its operating manual to require that generating entities experiencing direct or indirect changes in ownership or control notify PJM of such changes...more

Latham & Watkins LLP

FERC Issues Order to Mitigate the Impact of State Preferences on the PJM Capacity Market

Latham & Watkins LLP on

Stakeholders in the PJM capacity market can submit comments to FERC in an expedited paper hearing regarding the form of mitigation. Key Points: ..FERC issued preliminary findings that state preferences may suppress...more

Akin Gump Strauss Hauer & Feld LLP

FERC Orders on PJM’s Frequency Regulation Market Give Energy Storage Providers Another Recent Win

On March 30, 2018, the Federal Energy Regulatory Commission (FERC or the “Commission”) issued separate orders (i) partially granting one of two challenges to PJM Interconnection, L.L.C.’s (PJM) frequency regulation...more

Morgan Lewis

Court Limits FERC’s Authority to Direct Modifications Under Section 205

Morgan Lewis on

The court reaffirms that when reviewing a utility’s filing under Section 205, FERC may not “transform the proposal into an entirely new rate.”...more

Akin Gump Strauss Hauer & Feld LLP

Recent Complaints Highlight Continued Friction between State Policy Goals and Federally Regulated Wholesale Power Markets

On June 24, 2016, two complaints were filed with the Federal Energy Regulatory Commission (“Commission or FERC”) that highlight the continued tension between state policy initiatives and the mandatory centralized capacity...more

Davis Wright Tremaine LLP

FERC Expands Role of Demand Response Resources in Approving PJM’s New Capacity Market Framework

In a move likely to create more opportunities for demand response resources, FERC has conditionally approved substantial modifications to PJM’s capacity market framework, known as the Reliability Pricing Model (“RPM”). Many...more

Latham & Watkins LLP

FERC Issues Order Accepting PJM Capacity Performance Proposal

Latham & Watkins LLP on

FERC approves PJM’s significant capacity market changes in an effort to ensure reliability in the region. On June 9, 2015, the Federal Energy Regulatory Commission (FERC or the Commission) issued an order (the CP...more

Akin Gump Strauss Hauer & Feld LLP

FERC Issues Order to Show Cause and Notice of Proposed Penalties to Powhatan Energy Fund, LLC and Related Parties

On December 17, 2014, as amended December 18, 2014, the Federal Energy Regulatory Commission (FERC) issued an Order to Show Cause and Notice of Proposed Penalty (Show Cause Order)1 directing Houlian (Alan) Chen, HEEP Fund,...more

Akin Gump Strauss Hauer & Feld LLP

Déjà Vu, All Over Again: Seventh Circuit Again Remands PJM’s Cost Allocation Methodology for New, High-Voltage Transmission...

On June 25, 2014, the U.S. Court of Appeals for the Seventh Circuit, with Judge Richard A. Posner writing for himself and Judge John Daniel Tinder, granted petitions for review of Federal Energy Regulatory Commission (FERC)...more

Cadwalader, Wickersham & Taft LLP

Going Public: Powhatan Energy Fund’s “Insurance Policy” Regarding FERC Enforcement’s Non-Public Manipulation Investigation Into...

On February 28, 2014, Powhatan Energy Fund (“Powhatan”) launched a public website disclosing that for more than three years, the Federal Energy Regulatory Commission (“FERC”) Office of Enforcement (“OE”) has been...more

Davis Wright Tremaine LLP

FERC Accepts PJM’s Proposal to Limit Imported Capacity

Owners of generation capacity in PJM have often complained of what they perceive as favorable treatment under rules governing PJM’s annual forward capacity auctions when applied to competing resources, namely generation...more

Akin Gump Strauss Hauer & Feld LLP

FERC Approves PJM’s Proposed Changes to Market Rules Governing the Participation of Demand Response Products in the Capacity...

On January 30, 2014, the Federal Energy Regulatory Commission (FERC) issued an order approving rule changes proposed by PJM Interconnection, L.L.C. (PJM) to the clearing of its capacity market, referred to as the Reliability...more

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