Electricity Markets: A Regional Perspective
Update: Order No. 2023-A was published in the Federal Register on April 16, 2024. Compliance filings to Order Nos. 2023 and 2023-A are due on May 16, 2023 The electric industry is in the midst of a period of significant...more
The electric industry is in the midst of a period of significant growth and change. Last year, the Federal Energy Regulatory Commission (FERC or Commission) issued its landmark Order No. 2023 that enacted sweeping reforms to...more
Regulatory developments include FERC’s orders on electric storage resources participating in the wholesale markets, qualifying facility eligibility, and reliability rules for inverter-based resources....more
The US Federal Energy Regulatory Commission (FERC or Commission) has released its annual report on enforcement for fiscal year 2023. As in fiscal year 2022, FERC’s Office of Enforcement (OE) focused on matters involving fraud...more
On 28 July 2023, the Federal Energy Regulatory Commission (FERC) issued Order No. 2023, implementing reforms to its generator interconnection agreements and procedures aimed at alleviating the backlog of generation and...more
As the U.S. electricity sector continues to evolve, so too do regional electricity markets across the country. In this video, Troutman Pepper Partners Adrienne Thompson and Chris Jones provide a thorough overview of these...more
On July 28, the Federal Energy Regulatory Commission (FERC or the Commission) issued Order No. 2023 (Order No. 2023 or Final Rule), which updates the procedures for interconnecting large generating facilities (20MW and above)...more
On March 1, 2023, FERC partially approved ISO New England’s (“ISO-NE”) proposed tariff revisions in compliance with Order No. 2222, which removed barriers to the participation of distributed energy resource (“DER”)...more
On July 28, 2022, FERC issued a show cause order indicating that several regional transmission organization (“RTO”) and independent system operator (“ISO”) tariffs appear to be unjust and unreasonable because they lack...more
On July 28, 2022, FERC upheld changes to PJM Interconnection, L.L.C.’s (“PJM”) Reserve Market that it first required in a December 2021 order on voluntary remand from the U.S. Court of Appeals for the District of Columbia...more
On 28 June 2022, the Federal Energy Regulatory Commission (FERC) issued an order approving a Stipulation and Consent Agreement stemming from an enforcement investigation with Salem Harbor Power Development, LP (Salem Harbor...more
On June 16, the Federal Energy Regulatory Commission (FERC) issued a proposed rulemaking designed to update key aspects of its pro forma interconnection procedures. FERC designed these reforms “to address interconnection...more
On April 21, 2022, FERC directed each RTO/ISO to submit information related to their wholesale markets, including how changing resource mixes and load profiles are affecting system needs. FERC stated it will review the...more
To address changing system needs, FERC ordered each Regional Transmission Organization and Independent System Operator (collectively, RTO/ISO) to submit information to the Commission regarding changes to wholesale markets...more
In September of 2020, the Federal Energy Regulatory Commission (“FERC” or “Commission”) issued Order No. 2222, requiring Regional Transmission Organizations (“RTOs”) and Independent System Operators (“ISOs”) to adopt rules...more
The K&L Gates Power practice is pleased to present the latest edition of the Energy Storage Handbook. This handbook is an annually updated primer on what energy storage is, how it is regulated by U.S. federal and state...more
On December 16, 2021, the Commission issued its final rule on transmission line ratings that reforms both the pro forma Open Access Transmission Tariff (“OATT”) and the Commission’s corresponding regulations in an effort to...more
On September 7, 2021, FERC staff issued a whitepaper to frame discussions ahead of two technical conferences planning to discuss potential anscillary services reforms. The whitepaper summarizes approaches that RTOs/ISOs are...more
At the June 17, 2021 Open Meeting, the Federal Energy Regulatory Commission (“FERC” or “Commission”) issued a policy statement and an order reflecting its continued support for transmission project development and...more
On June 17, 2021, FERC set aside its previous decision in Order No. 2222-A that allowed state regulatory authorities to prohibit demand response resources from participating in distributed energy resource (“DER”) aggregations...more
The Federal Energy Regulatory Commission (FERC) took steps in a recent Order and Policy Statement to improve collaboration with states on electric transmission development and to promote use of alternative models for project...more
On May 26, 2021, Federal Energy Regulatory Commission (“FERC”) staff issued a white paper regarding the current status and use of hybrid resources – e.g., co-located generation and storage facilities – in wholesale markets,...more
On April 15, 2021, FERC issued a long-awaited policy statement providing guidance on incorporating state-determined carbon pricing into organized markets operated by Regional Transmission Organizations (“RTOs”) and...more
The Federal Energy Regulatory Commission's March 20, 2020, Notice of Proposed Rulemaking (NOPR) in Docket No. RM20-10-000 proposed several changes to the Commission's electric transmission incentives policy under Section 219...more