Federal Energy Regulatory Commission

5 Stories

SCOTUS Rules for Obama Energy-Savings Program

Justices ruled 6-2 for federal program paying large customers to conserve energy

(Newser) - The Supreme Court has upheld a four-year-old federal program that pays large electric customers to save energy during times of peak demand. The justices ruled 6-2 on Monday that the Federal Energy Regulatory Commission has the authority to issue directives aimed at conserving energy and preventing blackouts. Writing for the... More »

Attack on Calif. Electric Grid Labeled Terrorism

Snipers expertly knocked out 17 transformers

(Newser) - A little-reported attack on a power substation in California last year wasn't vandalism, but the "most significant incident of domestic terrorism involving the grid that has ever occurred" in the US, according former top power regulator Jon Wellinghoff. In the assault in South San Jose last April, unknown... More »

JPMorgan May Pay $500M Fine in Energy Con: Report

Company would make a profit by not selling electricity

(Newser) - JPMorgan is considering paying a record $500 million settlement over allegations that California and other states paid its power plants to not produce electricity, the Wall Street Journal reports. The alleged scheme is simple: The states promise to give energy providers "make whole" payments whenever they lose money firing... More »

Do We Need to Protect Grid From Sunstorms?

Officials clash over whether to upgrade system

(Newser) - The peak in the 11-year cycle of solar flares happens next year, but electricity regulators have made little progress in deciding how much protection the power grid needs, the Wall Street Journal finds. They are reviewing records as far back as the 1859 "superstorm," the strongest solar storm... More »

Google Applies to Buy, Sell Electricity

Search giant wants to tap the grid like a utility

(Newser) - Google has asked the Federal Energy Regulatory Commission for permission to become an “electricity marketer,” a designation that would allow it to buy and sell energy in bulk like a utility company. It’s an unorthodox move, but one Google says will help it power its sprawling operations... More »

5 Stories