Entries in FERC (26)

Friday
Apr242015

FERC accepts rule changes for regional Elective Transmission Upgrades

New mechanisms for ETUs now in effect

On April 14, 2015, the Federal Energy Regulatory Commission accepted proposed changes to rules related to Elective Transmission Upgrades (ETUs)—merchant-funded transmission interconnections in New England.

Click to read more ...

Wednesday
Jun112014

FERC accepts tighter timeframe for reponses to non-price retirement requests in FCA

The Federal Energy Regulatory Committee (FERC) issued a letter order on June 4, 2014, accepting a tighter deadline for providing notice of intent to retire an existing capacity or demand resource despite rejection of a non-price retirement request (NPRR). The proposed rule change was filed in April by ISO New England and the New England Power Pool (NEPOOL) in order to improve the function of the Forward Capacity Auction (FCA).

Effective June 9, 2014, resource owners in these cases must notify the ISO of the intent to retire a resource no later than 15 days prior to the commencement of the FCA. Previously, notification was required within six months of the ISO’s notice that the NPRR was not approved.

Click to read more ...

Friday
May232014

FCA #9: New offer review trigger prices (ORTPs) are accepted by FERC

Revised ORTPs went into effect May 13

On May 12, 2014, the Federal Energy Regulatory Commission (FERC) approved several revisions ISO New England proposed to offer review trigger prices (ORTPs) in the Forward Capacity Market (FCM). The new ORTPs are effective May 13, 2014, to ensure that market participants preparing qualification packages for the ninth Forward Capacity Auction (FCA #9) have certainty regarding the applicable ORTPs in advance of the June 17, 2014, qualification deadline.

Click to read more ...

Friday
Apr042014

Oil inventory was key in maintaining power system reliability through colder-than-normal weather during winter 2013/2014

The frigid temperatures that gripped much of the nation this winter posed operational challenges to the New England power grid, led to spikes in natural gas and wholesale electricity prices, and further highlighted issues related to resource performance and the importance of a secure fuel supply. In light of these challenges, here and across the country, the Federal Energy Regulatory Commission (FERC) hosted a Technical Conference on April 1, to hear from ISO New England, New York ISO, PJM Interconnection, Southwest Power Pool, Midcontinent ISO, California ISO, and other industry representatives about the impact of the cold weather on power system operations in different parts of the country.

Click to read more ...

Thursday
Jul182013

ISO-NE outlines tariff revisions to comply with interregional elements of FERC Order 1000

ISO New England filed proposed tariff changes to comply with the interregional planning and cost allocation requirements of the Federal Energy Regulatory Commission’s Order 1000 in early July 2013. With a long-standing interregional planning process among ISO New England, the New York ISO (NYISO) and PJM Interconnection already in place, the ISO believes that it has a strong foundation for compliance with the interregional elements of Order 1000. The three regions have engaged in interregional planning since they were formed in the late 1990s, with a formal planning protocol developed in 2003. On behalf of NYISO and PJM, ISO New England filed the revisions designed to bring the Northeastern ISO/RTO Planning Coordination Protocol into compliance with Order 1000. The ISO’s compliance filing includes tariff revisions to add a formal cost-allocation methodology to replace the informal process used for years by the neighboring regions.

Wednesday
Oct312012

ISO-NE files Order 1000 compliance proposal

New England has well-established regional planning and cost-allocation processes that have successfully resulted in the construction of $4.8 billion in transmission projects needed for reliability, according to ISO New England’s filing submitted October 25 to comply with the Federal Energy Regulatory Commission’s (FERC) Order 1000. While the region is largely in compliance with Order 1000, the filing addresses two new areas: the requirement to add a process for consideration and development of transmission projects driven by public policies, and the requirement to remove incumbent transmission owners’ rights of first refusal to build projects that receive regional cost allocation.

Click to read more ...