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Summary of FERC Meeting Agenda for April 2021 | White & Case LLP

Electric E-1 – Electric Transmission Incentives Policy Under Section 219 of the Federal Power Act (Docket No. RM20-10-000). On March 20, 2020, the Commission issued a Notice of Proposed Rulemaking (NOPR) relating to electric transmission incentives policy pursuant to the Federal Power Act (FPA). In the NOPR, the Commission furnished proposed revisions to transmission planning and cost allocation processes following significant developments in the sector, reflecting a potential new focus on reliability and economic benefits rather than the current risks and rewards approach associated with specific projects. Further, the NOPR acknowledged policy shifts in the fifteen years following Order No. 679, which codified an approach to evaluate requests for incentives made by transmission owners and operators, as well as Order No. 1000 and the 2012 Policy Statement on transmission incentives applications. Namely, the NOPR proposed to: offer public utilities an return on equity (ROE) incenti

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FERC Meeting Agenda Summary for December 2020 | White & Case LLP

E-1 – Omitted E-2 – Cybersecurity Incentives (Docket No. RM21-3-000). Agenda item E-2 may be a new docket relating to a Notice of Proposed Rulemaking (NOPR) on Cybersecurity Incentives. The NOPR proceeding may expand and formalize the concepts outlined in a Commission staff white paper issued on June 18, 2020, which explored certain transmission incentive policy proposals designed to encourage utility spending on protocols that would ostensibly improve security and compliance with critical infrastructure protection requirements. E-3 – California Independent System Operator Corporation (Docket No. EL21-19-000). Agenda item E-3 may be a new docket relating to a Show Cause proceeding brought by the Commission against California Independent System Operator Corporation (CAISO). The Commission may issue an order to CAISO pertaining to an investigation and identifying possible civil penalties or sanctions for the alleged matter. 

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