Acting Chairman indicates changes from FERC
In August 2017, the Department of Energy released a report titled, “Staff Report on Electricity Markets and Reliability.” One primary concern highlighted is how to preserve grid reliability looking forward. This report formed the basis of most questions aimed at the two remaining FERC nominees, Kevin McIntyre and Richard Glick, during their confirmation hearings before the Senate Energy & Natural Resources Committee. Now, Acting Chairman Neil Chatterjee is set to testify at the next Senate Energy & Natural Resources Committee regarding the August 2017 report. In response, he is expected to unveil FERC plans for exploring compensation for baseload generation that provide “essential reliability services.”
A full copy of the report can be found here.