Entries in FERC (28)

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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Friday
May012015

ISO-NE issues white paper on potential approaches to demand resources in markets pending possible legal and regulatory outcomes

On April 17, ISO New England released the white paper Contingency Plan Addressing the Potential Loss of FERC Jurisdiction Over Demand Resources. It details possibilities for continued demand resource participation in New England, in response to uncertainty surrounding FERC Order No. 745, Demand Response Compensation in Organized Wholesale Energy Markets.

Order No. 745 was vacated in a May 2014 decision by the US Court of Appeals for the District of Columbia Circuit in Electric Power Supply Association v. FERC. An appeal was filed, and on May 4, 2015, the US Supreme Court agreed to review the decision. The Supreme Court's decision is expected by end of June 2016.

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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.

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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.

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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.

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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.

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