On January 30, 2015, the Commission denied a complaint filed by the New England Power Generators Association, Inc. ("NEPGA") in which NEPGA sought either modification or elimination of the Peak Energy Rent ("PER") Adjustment mechanism in ISO New England Inc.'s ("ISO-NE") Forward Capacity Market ("FCM"). [Read more →]
DOE Inspector General Releases Findings on FERC's Handling of Nonpublic Information
On February 4, 2015, the Department of Energy's ("DOE") Office of the Inspector General released a report on the Federal Energy Regulatory Commission's ("Commission") treatment of nonpublic information within the Commission ("Inspection Report"). The "Inspection Report: Review of Controls for Protecting Nonpublic Information at the Federal Energy Regulatory Commission" concluded that the "Commission's controls, processes and procedures for protecting nonpublic information were severely lacking." [Read more →]
FERC Submits Fiscal Year 2016 Budget Request
On February 2, 2015, FERC submitted its Fiscal Year ("FY") 2016 Budget Request for $319,800,000. This amount is approximately five percent above the FY 2015 Budget Request. In requesting its budget, FERC sets out its three primary goals: (1) supporting just and reasonable rates, terms, and conditions ("Goal 1"); (2) promoting safe, reliable, secure and efficient infrastructure ("Goal 2"); and (3) mission support through organizational excellence ("Goal 3"). [Read more →]
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