Ensuring the reliability of the electric power grid in times of extreme weather and other times of peak usage is critical to avoid interruptions in power and black outs. Reflecting on the 2014 Polar Vortex, the paramount importance of a secure and reliable grid is made abundantly clear. Balancing the supply of electricity with fluctuating … Continue reading
On April 1, 2014, The Federal Energy Regulatory Commission (“FERC”) held its technical conference discussing the recent cold weather events and actions taken by the Regional Transmission Organizations/Independent System Operators (RTO/ISO) in response. You can view a webcast of the conference, FERC’s Presentation, and additional participant materials are available here. FERC is accepting written public … Continue reading
The U.S. Energy Information Administration released its latest Electric Power Monthly Update on March 21, 2014, which reflects significant changes in regional electricity system operations that the report calls “the biggest shakeup in regional operating electric systems in recent years.” The update discusses the MidContinent Independent System Operator (“MISO”) absorption of the Entergy electric system and 14 … Continue reading
FERC TECHNICAL CONFERENCE RE: WINTER 2013-2014 OPERATIONS AND MARKET PERFORMANCE IN RTOs AND ISOs APRIL 1, 2014: On April 1, 2014, FERC will hold a technical conference to discuss the impacts of recent cold weather events on the Regional Transmission Organizations/Independent System Operators (RTO/ISO), and actions taken to respond. Info and link to register here. Posted … Continue reading
The House Committee on Energy and Commerce, Energy & Power Subcommittee recently held the second hearing in its series “Benefits of and Challenges to Energy Access in the 21st Century.” The hearing focused on fuel supply and infrastructure issues, including “the critical need for modern infrastructure to meet new challenges of increasing U.S. energy abundance, … Continue reading
The Federal Energy Regulatory Commission (“FERC”) has initiated investigations into energy market manipulation in the last two years that have resulted in nearly $1 billion in penalties and profit disgorgements from companies and traders. See our previous posts here, here, and here. Despite the significant enforcement efforts undertaken thus far, FERC Chairman Wellinghoff recently identified additional … Continue reading
The paths of the energy industry and probing government investigations are crossing more and more often, as regulators and legislators have made it a priority to ensure the integrity of energy markets. The Federal Energy Regulatory Commission (“FERC”), Office of Enforcement has made fraud and market manipulation one of its top four priorities, prompting … Continue reading