Natural Gas: Clear Skies, Some Clouds on the Horizon

Horizontal drilling technology and fracking techniques have created a natural gas revolution in the U.S. The future looks bright for gas-fired power generation but there are three potential storm clouds that

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FERC Mandates Reporting of Attempted Cybersecurity Breaches

The Federal Energy Regulatory Commission (FERC) has ordered the North American Electric Reliability Corp. (NERC) to broaden, within six months, its Critical Infrastructure Protection (CIP) reliability standards to include mandatory reporting of cybersecurity incidents that could harm the bulk electric system (BES). FERC’s Order No. 848issued on July 19 directs NERC to develop and submit […]

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FERC Thwarts ISO-NE’s Attempt to Keep Mystic Gas Units Online

The Federal Energy Regulatory Commission (FERC) on July 2 denied ISO-New England’s (ISO-NE’s) request for a tariff waiver to keep two gas-fired units—a total capacity of 1,700 MW—at Exelon’s Mystic Generating Plant in Boston, Massachusetts, running to address “fuel security risks.” The commission instead gave the grid operator a year to submit permanent tariff revisions […]

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FERC Nixes PJM’s Fixes for Capacity Market Besieged by Subsidized Resources

In a 3–2 decision, the Federal Energy Regulatory Commission (FERC) rejected approaches filed by PJM Interconnection to reform its capacity market, whose integrity and effectiveness has been increasingly and “untenably threatened” by state subsidies for preferred generation resources, the federal regulatory body acknowledged. The June 29 order sharply divided the commission, prompting Democrat Commissioners Cheryl LaFleur […]

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