FERC Approves Revisions to Definition of Bulk Electric System
Posted on Mar 20, 2014 in Grid & Infrastructure, Regulation & Policy, Reliability | Comments Off on FERC Approves Revisions to Definition of Bulk Electric System
The Federal Energy Regulatory Commission (FERC) recently approved revisions by the North American Electric Reliability Corporation (NERC) to its definition of “bulk electric system,” effective the first day of the second quarter after issuance of the order. The definition largely dictates which facilities are within NERC’s jurisdiction as FERC-Certified Electric Reliability...
FERC Issues Order on CIP 5 Reliability Standards
Posted on Mar 20, 2014 in Grid & Infrastructure, Regulation & Policy, Reliability | Comments Off on FERC Issues Order on CIP 5 Reliability Standards
The Federal Energy Regulatory Commission (FERC) recently granted requests for clarification of, but denied requests for rehearing of, Order No. 791, which approved version 5 of the North American Electric Reliability Corporation Critical Infrastructure Protection (CIP) 5 Reliability Standards. The requests were filed by several trade associations, including the National Rural Electric...
Michigan PSC Approves Settlement Agreements for PSCR Plans
Posted on Mar 19, 2014 in Regulation & Policy | Comments Off on Michigan PSC Approves Settlement Agreements for PSCR Plans
The Michigan Public Service Commission (PSC) approved settlement agreements for three Michigan cooperatives which will allow the cooperatives to implement their power supply cost recovery (PSCR) plans for 2014. Settlement agreements were approved for Cloverland Electric Cooperative, Midwest Energy Cooperative and Thumb Electric Cooperative. To read more, click here.
Bond Rating Agencies Discount Talk of TVA Divestiture
Posted on Mar 19, 2014 in Legislative & Politics, Regulation & Policy | Comments Off on Bond Rating Agencies Discount Talk of TVA Divestiture
The annual budget plan released by the Obama Administration earlier this month noted that the Tennessee Valley Authority (TVA) had achieved its original mission and should be sold or transferred to state governments or local power cooperatives in the Tennessee Valley. Nonetheless, bond rating agencies Moody’s and Standard & Poor’s have discounted these proposals, and TVA has...
NRECA Responds to WSJ Article on Grid Security
Posted on Mar 17, 2014 in Grid & Infrastructure, Innovation/Efficiency, Regulation & Policy, Reliability | Comments Off on NRECA Responds to WSJ Article on Grid Security
Jo Ann Emerson, CEO of the National Rural Electric Cooperative Association (NRECA), issued remarks on the electric coop industry’s efforts to protect the nation’s critical transmission system after a recent Wall Street Journal (WSJ) article released sensitive information on the subject. The Federal Energy Regulatory Commission recently ordered the North American Electric Reliability...
Energy Retailer Fined for “Slamming” Coop Members
Posted on Mar 14, 2014 in Regulation & Policy | Comments Off on Energy Retailer Fined for “Slamming” Coop Members
The Maryland Public Service Commission (PSC) fined Starion Energy (Starion), a Connecticut energy retailer, based on a number of state law violations. The $350,000 fine was based on, among other violations, the PSC’s finding that Starion had committed 122 “slamming” violations, which is the practice of enrolling or re-enrolling a customer without his permission, against Southern...
‘Social Cost of Carbon’ Raises NRECA Concerns
Posted on Mar 11, 2014 in Climate Change, Environmental, Legislative & Politics, Regulation & Policy | Comments Off on ‘Social Cost of Carbon’ Raises NRECA Concerns
The National Rural Electric Cooperative Association (NRECA) recently reported to the Obama administration about the potential costs of federal regulations based partly on the social cost of carbon. Speaking out strongly against this idea, the NRECA pointed out that “the federal government would best serve the energy-consuming public by excluding an arbitrary ‘social cost of carbon,’...
CFTC and FERC Announce Implementation of Information Sharing MOU
Posted on Mar 5, 2014 in Regulation & Policy | Comments Off on CFTC and FERC Announce Implementation of Information Sharing MOU
The U.S. Commodity Futures Trading Commission (CFTC) and Federal Energy Regulatory Commission (FERC) have announced the initial transmission of market data under the recently-adopted CFTC-FERC Memorandum of Understanding (MOU) for use in analyzing market activities and protecting market integrity. To read more about this announcement, click here.
CFTC Announces End-User Roundtable
Posted on Mar 5, 2014 in Regulation & Policy | Comments Off on CFTC Announces End-User Roundtable
The U.S. Commodity Futures Trading Commission (CFTC) announced that its staff will hold a public roundtable to discuss issues concerning end-users and Dodd-Frank on April 3, 2014. The roundtable will consist of three panels discussing various issues affecting end-users, including electric cooperatives, and is open to the public on a first-come, first-served basis. Read the full press...
NRECA Comments on OSHA Rule Regarding Silica Exposure
Posted on Feb 25, 2014 in Environmental, Regulation & Policy | Comments Off on NRECA Comments on OSHA Rule Regarding Silica Exposure
In response to the Occupational Safety and Health Administration’s (OSHA) draft rule regarding crystalline silica, the National Rural Electric Cooperative Association (NRECA) argued in its comments that an exemption for cooperatives is appropriate, given that distribution cooperative employees primarily encounter trace amounts of silica when digging and moving earth. For generation...
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