Entries in FERC (23)

Thursday
Jan052017

FERC issues 2016 Reliability Primer

The Federal Energy Regulatory Commission (FERC) has posted a Reliability Primer. The publication describes the basic structure, fundamental concepts, and functions of how the bulk power system operates. It then provides a comprehensive overview of FERC’s role in overseeing the reliable operation of the nation’s interconnected electric grid. According to FERC, the 78-page Reliability Primer is a product of FERC staff and does not reflect the views of the Commission or any individual Commissioner.

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Thursday
Dec222016

FERC Commissioner LaFleur discussed changing energy landscape at final Consumer Liaison Group meeting of 2016

The Consumer Liaison Group (CLG) held its last quarterly meeting of the year in Boston, Mass., on December 1, 2016. The meeting featured a keynote address by FERC Commissioner Cheryl LaFleur; an update from ISO New England; and a panel discussion, New England States’ Clean Energy Initiatives: How Will Mandated Wind and Hydro Procurements Impact Customer Bills and the Regional Power Markets? 

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Thursday
Jul282016

New resource retirement rules in effect for region’s capacity market

July 28 update to article originally posted April 14: Information added below on the materiality threshold accepted by the Federal Energy Regulatory Commission on July 27, plus a link added to FCM Participation Guide instructions on submitting retirement delist bids.

On April 12, the Federal Energy Regulatory Commission (FERC) accepted ISO New England’s proposed changes to the way power resources can exit the Forward Capacity Market. (Read the FERC order.) These ISO retirement reforms will improve the economic efficiency of the capacity market and further reduce the potential for market power issues. The changes are effective March 1 so they apply to the next Forward Capacity Auction (FCA) to be held February 2017.

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Tuesday
Apr192016

US Department of Energy conducts outreach meeting in Boston for second installment of Quadrennial Energy Review

ISO New England provides grid operator perspective on evolution of region’s electric grid

On April 15, the US Department of Energy (DOE) conducted a stakeholder outreach meeting in Boston, MA, as it collects information from various regions of the country for the second iteration of its Quadrennial Energy Review (QER). The 2016 version of the QER is focused on all aspects of the electric grid, from bulk power generation to end users to distributed generation, microgrids, and other “grid-edge” issues. The April 15 meeting highlighted issues impacting New England, New York, and states covered by the PJM Interconnection footprint.

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Wednesday
Mar232016

ISO-NE report on market price formation highlights complexity of issue, regional improvements

Uplift costs are just 1–2% of the total energy market value in New England

On March 4, ISO New England filed its responses to Federal Energy Regulatory Commission (FERC) questions on price formation in wholesale electricity markets. The ISO report includes detailed answers to the technical, complex issues raised by FERC and highlights the significant strides made regionally to achieve pricing that accurately and transparently signals the costs of operating New England’s power system.

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Thursday
Feb042016

New England readies to move ahead with full integration of demand response after SCOTUS decision

With the US Supreme Court’s January 25 opinion on FERC v EPSA, New England now has a clear path forward for enabling demand-response resources to participate fully in the region’s wholesale electricity marketplace. The court opinion affirmed the ability of the Federal Energy Regulatory Commission (FERC) to establish rules for demand response—a matter that had been in question since May 2014 when the DC Circuit of the US Court of Appeals ruled that FERC did not have this jurisdiction. The ISO can now continue with its plans, which had been delayed by a year due to the legal challenges, to create opportunities and obligations comparable to those of generators for demand response to participate in wholesale electricity markets.

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