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Tariffs Federal Energy Regulatory Commission Energy Market

Troutman Pepper

FERC Accepts CAISO’s Request to Raise Soft Cap Offer

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On April 25, 2024, FERC approved the California Independent System Operator Corporation’s (“CAISO”) request to increase its capacity procurement mechanism (“CPM”) soft cap offer from $6.31/kW-month to $7.32, which will become...more

Troutman Pepper

FERC Rejects Solar Developer’s Request for Waiver of Security Posting Requirements After Using the Wrong Form; FERC Urges Tariff...

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On November 30, 2023, the Commission denied a waiver request and a request for remedial relief from Ridgeview Solar LLC (“Ridgeview Solar”). Ridgeview Solar had sought a waiver or remedial relief from the procedural deadline...more

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PJM Files Capacity Market Overhaul for Resource Adequacy and Grid Reliability

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On October 13, 2023, PJM Interconnection, L.L.C. (“PJM”) submitted two filings with FERC proposing revisions to its Open Access Transmission Tariff (“Tariff”) and its “Reliability Assurance Agreement” (“RAA”) designed to...more

Troutman Pepper

FERC Finds Affiliation Between J.P. Morgan Investment and Mankato Companies

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On September 21, 2023, the Commission found that J.P. Morgan Investment Management Inc. (“J.P. Morgan Investment”) is an affiliate of Mankato Energy Center, LLC and Mankato Energy Center II, LLC (“Mankato Companies”) through...more

Troutman Pepper

FERC Accepts PJM Capacity Market Revisions to Locational Deliverability Area Reliability Requirement, Sparks Strong Dissent from...

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On February 21, 2023, FERC accepted PJM Interconnection, L.L.C.’s (“PJM”) proposed tariff revisions governing the Locational Deliverability Area Reliability Requirement (“LDA Reliability Requirement”) calculation, effective...more

Troutman Pepper

On Rehearing, FERC Upholds Jurisdiction over AECI Emergency Energy Transactions in SPP Market During Winter Storm Uri

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On January 19, 2023, FERC issued an order upholding its decision to exercise primary jurisdiction over emergency energy sales between Southwest Power Pool, Inc. (“SPP”) and Associated Electric Cooperative, Inc. (“AECI”)...more

Morgan Lewis - Power & Pipes

FERC Investigates Five Western Utilities’ Formula Rate Protocols

FERC initiated show-cause proceedings on April 21, 2022, to investigate the justness and reasonableness of the formula rate protocols of five public utility transmission providers in the West....more

Troutman Pepper

FERC Reverses Prior Order, Allows NYISO to Prioritize Entry of Zero Emission Resources in New York’s Capacity Market

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On February 17, 2022, FERC set aside its September 2020 order rejecting the New York Independent System Operator Corporations (“NYISO’s”) tariff revisions to the “Part A Test,” a component of NYISO’s buyer-side mitigation...more

Troutman Pepper

FERC Accepts Tariff Revisions to Southeast Energy Exchange Market, Drawing Concurrences from Chairman Glick and Commissioner...

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On January 21, 2022, FERC accepted revisions to the Southeast Energy Exchange Market (“SEEM”) Agreement consistent with commitments made by SEEM members in response to two deficiency letters it issued before the SEEM...more

Troutman Pepper

FERC Accepts CAISO Tariff Changes for Co-located and Hybrid Resources

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On November 30, 2021, FERC issued and order accepting a California Independent System Operator Corporation (“CAISO”) tariff filing designed to clarify its market rules for hybrid and co-located resources. CAISO proposed two...more

Saul Ewing LLP

PJM Revisions to MOPR Go Into Effect

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At the Saul Ewing Arnstein & Lehr Symposium in Houston in March 2020, a session was dedicated to reviewing steps the Federal Energy Regulatory Commission had taken to expand the Minimum Offer Price Rule (MOPR) applicable in...more

Troutman Pepper

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

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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

Troutman Pepper

FERC Largely Accepts PJM Reserve Market Compliance Filings

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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

Troutman Pepper

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

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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

White & Case LLP

Summary of FERC Meeting Agenda for June 2020

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Below are brief summaries of the agenda items for the Federal Energy Regulatory Commission's June 18, 2020 meeting, pursuant to the agenda as issued on June 11, 2020. Due to COVID-19 and measures undertaken by government...more

A&O Shearman

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

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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

Akin Gump Strauss Hauer & Feld LLP

FERC Affirms Energy Storage Rule, Denies State Opt-Out

In an Order on Rehearing and Clarification issued at its May open meeting, the Federal Energy Regulatory Commission (FERC or “Commission”) generally affirmed Order No. 841, its 2018 Final Rule on electric storage. Electric...more

Akin Gump Strauss Hauer & Feld LLP

FERC Rejects Electric Generators’ Request to Adopt Centralized Capacity Market in California

In June 2018, CXA La Paloma, LLC (“La Paloma”) filed a complaint at the Federal Energy Regulatory Commission (FERC or “the Commission”) seeking to require the California Independent System Operator (CAISO) to implement a...more

Pillsbury Winthrop Shaw Pittman LLP

Energy 2019: USA

Over view of the current energy mix, and the place in the market of different energy sources - Oil and gas - The U.S. mainly relies on petroleum and natural gas fossil fuels for two-thirds of its primary energy needs....more

Pierce Atwood LLP

Call To Action For Energy Storage Companies

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WHO: Energy Storage technologies awaiting regulatory authority to operate in the wholesale energy, capacity, and ancillary services markets....more

BakerHostetler

FERC Action on Electric Storage Could be Transformational

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In an action that industry observers have hailed as opening the floodgates for electric energy storage and sounding the death knell for peaking power plants across the nation, the Federal Energy Regulatory Commission (FERC)...more

Foley & Lardner LLP

FERC Votes to Encourage Electric Storage

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On February 15, 2018, the Federal Energy Regulatory Commission (FERC) voted to require all Regional Transmission Organizations (RTOs) and Independent System Operators (ISOs) to revise its tariffs to establish a participation...more

Stinson LLP

FERC Final Rule Boosts Electric Storage Participation in Organized Wholesale Electric Markets

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On February 15, 2018, the Federal Energy Regulatory Commission (FERC) issued Order No. 841, a final rule designed to facilitate greater participation by electric storage resources (including batteries, flywheels, compressed...more

Nelson Mullins Riley & Scarborough LLP

Quick Hits - February 2018

ISO-NE Request, PJM Board Decision Put Future of Capacity Markets Firmly in FERC’s Hands - Actions taken last week by two of the nation’s leading RTOs put the future of centralized capacity markets, and specifically how...more

Hogan Lovells

Department of Energy Proposes Major Changes to Wholesale Power Market Rules

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During his confirmation hearing to be Secretary of Energy, Rick Perry repeatedly expressed support for an “all of the above” approach to energy development and use. On Friday, September 29, he initiated one of the first...more

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