Utility Dive•about 1 month ago
Former FERC commissioners urge Supreme Court to uphold agency independence
Key Takeaway
The independence of FERC is paramount for maintaining stable and predictable energy markets, directly influencing investment certainty and operational costs for developers and large power consumers.
AI Summary
- •Former FERC commissioners are urging the Supreme Court to uphold the agency's independence, warning that overturning 'Humphrey's Executor' could compromise its price-setting authority.
- •A potential weakening of FERC's independence could lead to increased political influence over electricity rates, transmission charges, and market rules, introducing significant regulatory uncertainty.
- •For developers and large power consumers, this instability could directly impact project economics, PPA negotiations, and long-term operational costs due to unpredictable shifts in regulatory policy.
- •The outcome of this legal challenge is critical for maintaining the structural integrity and predictability of the U.S. energy market's regulatory environment.
Topics
capacity-marketfercpolicytransmission