FERC Chairman Willie Phillips discusses top energy regulatory priorities as the nation’s grid faces challenges posed by the winter season, highlighting the importance of power system reliability.
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Press Release: Power Generators Address Winter Storm Elliott and Electric Reliability
A new report on power system performance during 2022’s Winter Storm Elliott shows the need for action to improve electric reliability, said the head of the organization representing power generators providing about 150,000 MW of electric generation capacity throughout the U.S.
Read MorePress Release: Court Decision to Uphold PJM Market Changes Undermines Investment, Electric Reliability
Changes to rules impacting electric reliability in the nation’s largest power market will remain in place following a decision issued today by the U.S. Court of Appeals for the D.C. Circuit. The Court denied power generators’ petitions to overturn changes made to PJM Interconnection’s market seller offer cap (MSOC) as ordered and approved by the Federal Energy Regulatory Commission in September 2021.
Read MoreCompetitive Power Markets Needed to Meet Nation’s Energy Needs, Prudent Reforms Necessary
Targeted and prudent refinements to wholesale electricity markets will address power system reliability challenges and continue to support cost-effective, efficient, and cleaner power solutions, said the head of the national trade association representing competitive power suppliers Thursday following his participation in the Federal Energy Regulatory Commission (FERC)’s PJM Capacity Market Forum.
Read MoreFERC Decision to Allow PJM Electricity Market Auction Rule Changes Undermines Reliability and Investment in Energy Future
Under the cover of darkness last night, FERC issued an Order granting PJM’s request to change auction results after the fact. This action is in clear violation of the filed rate doctrine, the rule against retroactive ratemaking, and 100 years of Supreme Court precedent.
Read MoreEPSA, Energy Trades Call On FERC to Rescind Overly Broad Duty of Candor Proposal
Today the Electric Power Supply Association (EPSA) joined seven other leading energy trade groups in calling on the Federal Energy Regulatory Commission to rescind its expanded duty of candor obligation.
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