Federal Energy Regulatory Commission Approves Market-Based Rate Authority for Clean Energy Future - Trumbull, LLC

Strategic Insights -

The Federal Energy Regulatory Commission has issued a delegated order approving market-based rate authority for Clean Energy Future - Trumbull, LLC, effective June 30, 2025. The application was submitted on June 23, 2025, and the proposed market-based rate tariff provides for the sale of energy, capacity, and ancillary services at market-based rates. Clean Energy Future - Trumbull, LLC, is designated as a Category 2 seller in the Northeast region and a Category 1 seller in all other regions.

Key Takeaways:

  • The Commission has approved market-based rate authority for Clean Energy Future - Trumbull, LLC, effective June 30, 2025.
  • The proposed market-based rate tariff provides for the sale of energy, capacity, and ancillary services at market-based rates.
  • Clean Energy Future - Trumbull, LLC, is designated as a Category 2 seller in the Northeast region and a Category 1 seller in all other regions.
  • The company must file an updated market power analysis for each region in which it operates.
  • The Commission has waived Subparts B and C of Part 35 of the regulations requiring cost-of-service information, except for sections 35.12(a), 35.13(b), 35.15, and 35.16.
  • The company must file Electric Quarterly Reports (EQRs) with the Commission, consistent with Order Nos. 200111 and 768.
  • Clean Energy Future - Trumbull, LLC, must comply with the requirements of Order Nos. 860 and 860-A, as well as the regulations promulgated pursuant to those rules.

Statistics:

  • 940 megawatts of generation capacity in the PJM Interconnection, L.L.C. (PJM) market.
  • 905 megawatts of capacity in the Northeast region (Category 2) and 35 megawatts in all other regions (Category 1).
  • 18 C.F.R. SS 35.37(c)(4) - Commission-approved market monitoring and mitigation for potential horizontal market power.
  • 18 C.F.R. SS 35.28(d)(1) - Waiver of Open Access Transmission Tariff (OATT) requirement.
  • 18 C.F.R. SS 35.28(d)(2) - Blanket waiver of OATT requirement.

Sources:

  • Delegated Order: FEDERAL ENERGY REGULATORY COMMISSION Washington, D.C. 20426 OFFICE OF ENERGY MARKET REGULATION Clean Energy Future - Trumbull, LLC Docket No. ER25-2589-000.
  • Market-Based Rates for Wholesale Sales of Elec. Energy, Capacity & Ancillary Servs. by Pub. Utils., Order No. 697, 119 FERC P 61,295, at P 916 (2007), order on reh'g, Order No. 697-A, 123 FERC P 61,055, at P 384 (2008).
  • Refinements to Policies and Procedures for Market-Based Rates for Wholesale Sales of Elec. Energy, Capacity & Ancillary Servs. by Pub. Utils., Order No. 816, 153 FERC P 61,065, at P 320 (2015).