FERC Suspension of Market-Based Rate Authority May Affect Existing Power Supply Arrangement
From our colleague Jim Mitchell in DC: The authority of J. P. Morgan Ventures Energy Corporation (“JP Morgan”) to sell electric energy, capacity, and ancillary services at market-based rates for six months, beginning in April 2013, was recently suspended by the Federal Energy Regulatory Commission (the “FERC”) for violation of certain FERC rules. Although the … Continue reading
FERC Proposes to Revise Definition of “Bulk Electric System” for Determining Who Must Comply with Federal Reliability Standards
From my D.C. colleague Jim Mitchell: The Federal Energy Regulatory Commission (FERC) has issued a Notice of Proposed Rulemaking (NOPR) to revise the definition of “Bulk Electric System” (BES). This definition is important because it determines which transmission system elements are subject to mandatory electric reliability standards designed to ensure the uninterrupted operation of the … Continue reading
FERC Denies Preference for Reservation of Transmission Capacity on Merchant Transmission Line for Renewable Energy Resources
From my DC colleague Jim Mitchell Rock Island Clean Line LLC is proposing to build a 500-mile, 600 kV HVDC merchant transmission line and associated facilities capable of delivering up to 3,500 MW of capacity and associated energy from generation projects in eastern South Dakota, eastern Nebraska, western Iowa and western Minnesota to customers in … Continue reading
FERC Reaffirms Controversial Regional Transmission Planning Requirement for Transmission Providers
From Brian Gish of our DC Office: On May 17, 2012, the Federal Energy Regulatory Commission issued Order No. 1000-A that denies rehearing of its Order No. 1000, thus leaving in place the requirement that all FERC-jurisdictional electric transmission providers must participate in regional and inter-regional processes to plan for new transmission facilities. Such transmission … Continue reading
FERC Asks: When Does a Generation Developer Become a Transmission Provider?
This blog post comes from my DC colleague Margaret Claybour. Generation developers on the West Coast should take special note as the FERC orders described in this blog all involve facilities out West. —————————— When an unwary generation developer builds a tie-line to the nearest transmission line, it might assume that the use of that … Continue reading
FERC Asserts Jurisdiction Over Certain Sales of Renewable Energy Credits
Jim Mitchell of our DC Office provides the following report: The Federal Energy Regulatory Commission ruled last week that the sale of renewable energy credits (“RECs”) as part of a bundled transaction that also includes the sale of electricity is subject to its regulatory jurisdiction under Part II of the Federal Power Act. However, the … Continue reading
FERC Regulation of Renewable Energy Certificates?
In the midst of the San Francisco-based California Public Utilities Commission focusing on how to count out-of-state renewable power towards its Renewables Portfolio Standard and what transactions should be considered Renewable Energy Cerificate-only transactions, an important note from our DC energy partner, Jim Mitchell about possible FERC regulation of RECs. WSPP (formerly, the Western Systems … Continue reading