Summaries | October 2024 Commission Meeting

'The Federal Energy Regulatory Commission (FERC) held a public meeting on October 17 and voted on several orders related to energy regulations. The commission found that allowing transmission providers to charge for reactive power within the standard power factor range is unjust and unreasonable, revising schedules to prohibit such charges. In another order, FERC responded to a court's finding that the inclusion of the Risk Premium model in the Commission's return on equity (ROE) methodology was arbitrary and capricious, reversing portions of previous orders and maintaining other modifications. The commission also addressed compliance issues with various energy companies, including GridLiance High Plains LLC and Tucson Electric Power Company, directing them to submit further filings. Additionally, FERC issued certificates for several pipeline projects, including the MountainWest Overthrust Pipeline, LLC and Cameron Interstate Pipeline, LLC. Furthermore, the commission approved a surrender of license and removal of project facilities for Pacific Gas and Electric Company's Kilarc-Cow Creek Project No. 606. Overall, these orders aim to promote fairness, transparency, and compliance in the energy sector.'