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Electric utilities

Federal Energy Regulatory Commission Issues Notice of Action Taken

Strategic Insights

— 1 min read

The Federal Energy Regulatory Commission (FERC) issued a formal notice of action taken during its October 15, 2020, commission meeting. The notice outlines the outcomes of various dockets and proceedings, including the approval of several energy and pipeline projects, as well as the dismissal of others. The commission's decisions have significant implications for the energy industry and will impact the development of new projects and the operation of existing infrastructure.

Key Takeaways:

  • The FERC approved several new energy and pipeline projects, including a fuel cell thermal energy output project by Bloom Energy Corporation and a regional reliability standard by the Western Electricity Coordinating Council (WECC).
  • The commission approved the sale of several power plants, including a sale by NextEra Energy, Inc. to Gulf Power Company.
  • FERC dismissed several dockets, including a proposal by Midcontinent Independent System Operator, Inc. to revise its tariffs.
  • The commission approved several settlements, including a settlement between PJM Interconnection, L.L.C. and NextEra Energy Transmission MidAtlantic Indiana, Inc.
  • FERC issued several orders, including an order requiring public service electric and gas company and PECO energy company to revise their tariffs.

Statistics:

  • The FERC approved 17 new energy and pipeline projects during the commission meeting.
  • 13 dockets were dismissed, including several proposals related to regional reliability standards.
  • The commission approved 5 settlements between energy companies, including PJM Interconnection, L.L.C. and NextEra Energy Transmission MidAtlantic Indiana, Inc.
  • FERC issued 10 orders, including an order requiring public service electric and gas company and PECO energy company to revise their tariffs.

Sources:

  • Federal Energy Regulatory Commission. (2020). Notice of Action Taken. Document Accession #: 20201015-3051. Filed Date: 10/15/2020.
  • Federal Energy Regulatory Commission. (2020). Document Content(s) CA10-15-020.DOCX..........................................................1. Document Accession #: 20201015-3051. Filed Date: 10/15/2020.

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