
12/23/2020
Happy Holidays! Let’s brighten up this 2020 with FERCy cheer from us to you! #Energy
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Operating as usual
Happy Holidays! Let’s brighten up this 2020 with FERCy cheer from us to you! #Energy
Congratulations Commissioner Chatterjee for being named #Regulator of the Year in the Utility #DiveAwards for 2020! @UtilityDive #Energy | Article https://www.utilitydive.com/news/regulator-of-year-neil-chatterjee-ferc-2020/588163/
@FERCgov would like to wish everyone a #HAPPYTHANKSGIVING! #StaySafe and pass the toFERCy! #Energy
FERC would like to thank all current and former members of the #ArmedForces for their dedication and service to this great nation! #VeteransDay #Energy
Never Forget! #September11 #911anniversary #PartiotsDay
Never Forget! #September11 #911anniversary #PartiotsDay
Farewell, Commissioner McNamee! Thank you for your service to America!
#FERC is proud to release the NEW streamlined #eLibrary, with simplified navigation & enhanced search capabilities. Happy Easy Docket Hunting!
For more #info on the new #eLibrary & #FAQs visit the link in our Bio!
Stay Tuned: #FERC will be rolling out the new, streamlined #eLibrary in early #August w/ easier navigation & enhanced search capabilities!
FERC would love to thank all the #lineworkers who keep the #power on through storm and #quarantine. Let’s all show our support today as we celebrate National Lineworker Appreciation Day! #ThankALineworker #PoweringThruTogether
As we celebrate this #FourthofJuly weekend, let us reflect on all the things that make our country so special as we work towards an even #brighter #future for all #Americans.
Let us be a guiding #beacon of light, bringing #hopeandchange to the world. #energy
Coming soon: FERC.gov #Redesign! @fercgov is excited to announce its #NEW #website, coming this month! It promises to be easy to use, #accessible, and importantly #mobilefriendly. Stay tuned for details.
#new #energy #lng #hydropower #redesign #electric #covid19
Coming soon: FERC.gov #Redesign! @FERCgov is excited to announce its #NEW #website, coming this month. It promises to be easy to use, #accessible, and importantly #mobilefriendly. Stay tuned for details.
#new #energy #lng #hydropower #redesign #electric #covid19
As they discusses a whole host of topics: @DOE NOPR, #PJM MOPR, #infrastructure, #landowners & yes, #sports!
Enjoy some light summer reading from FERC Staff Issues 2020 #Energy #Primer A Handbook of Energy Market Basics! Learn about Where natural gas resources come from! Find out about wholesale electricity markets and the path of electricity from the generator to your home! How U.S. oil production has displaced U.S. oil imports & Capital expenditures by electric and natural gas companies are rising!
Click on the link in our Bio for a riveting edge of your seat thrilling report from #FERC| #LNG #Hydropower #Electric #Oil #Covid19 #quarantine @ Washington D.C.
Join Us on our Stories for an Ask Me Anything on the #2020 Summer Assessment, Thursday, May 28 from 11-2pm!
#Energy
#covid19
#lng
#hydropower
#electric
Join Us here for an Ask Me Anything on the #2020 Summer Assessment, Thursday, May 28!
#Covid19
#FERC
#ENERGY
#SUMMER
#LNG
#Hydropower
#Electric
FERC Authorizes Alaska LNG Project
The Federal Energy Regulatory Commission today authorized the Alaska Gasline Development Corporation (AGDC) to liquefy and export liquefied natural gas (LNG) produced in the North Slope of the State of Alaska.
The Commission granted a Section 3 Natural Gas Act authorization, with conditions, to the AGDC – an independent, public corporation of the State of Alaska to site, construct and operate the Alaska LNG Project. The project would consist of liquefaction facilities on the Kenai Peninsula designed to produce up to 20 million metric tons per annum (MMTPA) LNG for export.
It would also include an approximately 807-mile-long, 42-inch-diameter pipeline capable of transporting up to 3.9 billion cubic feet of gas per day to the liquefaction facilities, a gas treatment plant that would be located in the Prudhoe Bay at the North Slope and two additional natural gas pipelines connecting production units to the gas treatment plant.
The U.S. Department of Energy (DOE) has authorized the project to export 20 MMPTA of LNG to nations with which the United States has a Free Trade Agreement (FTA). DOE also granted conditional authorization for the exportation of 20 MMTPA of natural gas to nations that do not have an FTA.
The Alaska LNG Project is the last remaining LNG project before FERC covered by the Fixing America’s Surface Transportation Act (FAST-41 Act). The Commission took action today ahead of the scheduled June 4, 2020, final decision set by the statute.
FERC has acted on two other FAST-41 Act projects: Venture Global’s Calcasieu LNG Project, approved last year, and Jordan Cove LNG project, approved in March.
There are currently six LNG proposals pending before the Commission.
FERC Revises Public Utility ROE Methodology; Sets Policy for Natural Gas, Oil Pipelines
The Federal Energy Regulatory Commission (FERC) today further refined its methodology for analyzing the base return on equity (ROE) component of public utility rates under section 206 of the Federal Power Act. In a related action, the Commission issued a Policy Statement that applies, with certain exceptions, this ROE methodology to natural gas and oil pipelines.
In Opinion No. 569, issued in November 2019, FERC said it will use the discounted cash flow (DCF) methodology and capital asset pricing model (CAPM) to determine if an existing base ROE is unjust and unreasonable, and, if so, what replacement ROE is appropriate. Applying the new methodology in a pair of complaints against the Midcontinent Independent System Operator (MISO) transmission owners, Opinion No. 569 determined that their base ROE should be 9.88 percent.
Today’s order on rehearing revises the methodology established in Opinion No. 569 and finds that the MISO transmission owners’ base ROE should be set at 10.02 percent. Primarily, the order grants rehearing of Opinion No. 569 to:
Use the risk premium model, DCF model, and CAPM under both prongs of the FPA section 206 analysis instead of relying on only the DCF model and CAPM;
Give the short-term growth rate 80% weighting and the long-term growth rate 20% weighting in the two-step DCF model;
Clarify that the Commission will consider the use of Value Line growth rates in future proceedings’ CAPM analyses;
Increase the high-end outlier test from 150% to 200% of the median result of all of the potential proxy group members in that model, subject to a natural break analysis; and
Calculate the ranges of presumptively just and reasonable base ROEs by dividing the overall composite zone of reasonableness into equal thirds, instead of using the quartile approach that was applied in Opinion No. 569.
Continued @ https://ferc.gov/media/news-releases/2020/2020-2/05-21-20-E-1.asp#.Xsa9pSUpCEc
FERC Staff discusses 2020 Summer Energy Market and Reliability Assessment in special Open Access podcast click the link in the bio.
As we close out #PublicService Week, FERC would like to thank the amazing & dedicated staff & contractors who are working in these difficult times. THEY are what made us one of the #bestplacetowork in 2019! Follow & enjoy our Virtual Celebration! @RPublicService #COVID_19
More than 270+ FERC staff participated in a Virtual Roundtable with Office Directors as they discussed how they are handling the current #telework situation. Directors thanked employees for working with the greatest level of #professionalism & #dedication. #PublicService
"We love working at @FERC because of all the ERGs that are available for employees to gather and talk about issues they care about. Sending our love to everyone during this time. Best, Women empowering Women (WeW) Leadership Team!" #publicservice @RPublicService
FERC celebrated #PublicService Week with celebrations of Time In Service Awards with some FERC staff having 40+ years of federal service! True #PublicServants! @ FERC-Careers
Thank you to the #energy industry employees. You who are keeping the generators on, electricity flowing & especially those living onsite at your workplaces. Your hard work will ensure we get through this #COVID19 #pandemic. You're what makes America great!
Part: 4 of T̵a̵k̵e̵ ̵Y̵o̵u̵r̵ ̵C̵h̵i̵l̵d̵ ̵t̵o̵ ̵W̵o̵r̵k̵ ̵D̵a̵y̵ ̵ Work with Your Child From Home Day(s)! #Covid19 #TYCWD #SocialDistancing
Rachel Marsh,
Legal Advisor, Office of the Chairman and child
Part: 3 of T̵a̵k̵e̵ ̵Y̵o̵u̵r̵ ̵C̵h̵i̵l̵d̵ ̵t̵o̵ ̵W̵o̵r̵k̵ ̵D̵a̵y̵ ̵ Work with Your Child From Home Day(s)! #Covid19 #TYCWD #SocialDistancing
Commissioner Richard Glick with child
Part 2:
Happy T̵a̵k̵e̵ ̵Y̵o̵u̵r̵ ̵C̵h̵i̵l̵d̵ ̵t̵o̵ ̵W̵o̵r̵k̵ ̵D̵a̵y̵ ̵ Work with Your Child From Home Day(s)! FERC hopes everyone has a chance to #celebrate this day even though it seems like it’s every day!
#Covid19
#TYCWD
#SocialDistancing
Michelle Davis - Attorney, GAL, OGC
Chris MacFarland - Attorney, GAL, OGC
Marcos Araus - Attorney, GAO, OGC @ Washington D.C.
Happy T̵a̵k̵e̵ ̵Y̵o̵u̵r̵ ̵C̵h̵i̵l̵d̵ ̵t̵o̵ ̵W̵o̵r̵k̵ ̵D̵a̵y̵ ̵ Work with Your Child From Home Day(s)! FERC hopes everyone has a chance to #celebrate this day even though it seems like it’s every day!
#Covid19
#TYCWD
#SocialDistancing
Pictured:
Steven Hunt - Director, Division of Audits and Accounting and Chief Accountant, in Office of Enforcement with child
Chrystal Martin - Associate Director, Administration and Operations, in the Office of Energy Projects with children
Jennifer Mellon - Confidential Assistant, Office of the Chairman with child
Mary O’Driscoll - Director of Media, in the Office of External Affairs with children
@ Washington D.C.
Shane Battier (@shanetakecharge) has a special message for the @fercgov family during this current crisis.
This would have been @NCAA Championship week, but #FERC staff are the ones that deserve this shining moment! #COVID19 #coronavirus #keepingthelightson
Federal Energy Regulatory Commission
#2 Best Places to Work Agency Subcomponent Office of General Counsel (OGC)
@FERCgov
@rPublicService
#4 Best Places to Work Agency Subcomponent Office of the Executive Director (OED)
@FERCgov
@rPublicService
FERC staff throughout 2019 @FERCgov @rPublicService
“FERC is an extremely family-friendly agency. The FERC culture is undeniable on this point. In my 30+ years of working at this agency, my coworkers, supervisors, and management have always been supportive of any family dynamics that came up and recognized them as the priority; from my oldest son attending the FERC Childcare center 24 years ago – to – dealing with eldercare issues with my mom.
I often say to friends and colleagues, “I am the biggest FERC Cheerleader in the agency” and feel blessed that I choose FERC and FERC choose me directly after graduating from law school.” Secretary Kimberly Bose - Office of the Secretary
@FERCgov
@rPublicService
Happening Now: @FERCgov is taking over @rPublicService’s Instagram to celebrate being named #1 Best Place to Work among midsize agencies.
Follow along @ ➜ https://www.instagram.com/rpublicservice/ & https://www.instagram.com/fercgov/
“I’m Neil Chatterjee, Chairman of the Federal Energy Regulatory Commission, and I’m proud to lead our agency, which in 2019 has been named Best Place to Work among mid-sized federal agencies. At FERC, we are all about working together, collaboratively and collegially, to fulfill our mission of ensuring that consumers have access to economically efficient, safe, reliable and secure energy. Thanks to the Partnership for Public Service for giving us the keys to their Instagram account today, and I hope you enjoy learning more about who we are, and what we do, at FERC.” - Chairman Neil Chatterjee, Federal Energy Regulatory Commission
Coming soon: @fercgov is taking over @rpublicservice’s Instagram to celebrate being named #1 Best Place to Work among midsize agencies. Follow along Jan. 8 ➜ https://www.instagram.com/rpublicservice/ & https://www.instagram.com/fercgov/
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FERC would like to thank all current and former members of the #ArmedForces for their dedication and service to this great nation! #VeteransDay #Energy
As we celebrate this #FourthofJuly weekend, let us reflect on all the things that make our country so special as we work towards an even #brighter #future for all #Americans. Let us be a guiding #beacon of light, bringing #hopeandchange to the world. #energy
Coming soon: FERC.gov #Redesign! @fercgov is excited to announce its #NEW #website, coming this month! It promises to be easy to use, #accessible, and importantly #mobilefriendly. Stay tuned for details. #new #energy #lng #hydropower #redesign #electric #covid19
As they discusses a whole host of topics: @DOE NOPR, #PJM MOPR, #infrastructure, #landowners & yes, #sports!
Thank you to the #energy industry employees. You who are keeping the generators on, electricity flowing & especially those living onsite at your workplaces. Your hard work will ensure we get through this #COVID19 #pandemic. You're what makes America great!
Shane Battier (@shanetakecharge) has a special message for the @fercgov family during this current crisis. This would have been @NCAA Championship week, but #FERC staff are the ones that deserve this shining moment! #COVID19 #coronavirus #keepingthelightson
“FERC is an extremely family-friendly agency. The FERC culture is undeniable on this point. In my 30+ years of working at this agency, my coworkers, supervisors, and management have always been supportive of any family dynamics that came up and recognized them as the priority; from my oldest son attending the FERC Childcare center 24 years ago – to – dealing with eldercare issues with my mom. I often say to friends and colleagues, “I am the biggest FERC Cheerleader in the agency” and feel blessed that I choose FERC and FERC choose me directly after graduating from law school.” Secretary Kimberly Bose - Office of the Secretary @FERCgov @rPublicService
“I’m Neil Chatterjee, Chairman of the Federal Energy Regulatory Commission, and I’m proud to lead our agency, which in 2019 has been named Best Place to Work among mid-sized federal agencies. At FERC, we are all about working together, collaboratively and collegially, to fulfill our mission of ensuring that consumers have access to economically efficient, safe, reliable and secure energy. Thanks to the Partnership for Public Service for giving us the keys to their Instagram account today, and I hope you enjoy learning more about who we are, and what we do, at FERC.” - Chairman Neil Chatterjee, Federal Energy Regulatory Commission
Chairman Neil Chatterjee recognizes @FERCgov on being No. 1 in @partnershipforpublicservice Best Places to Work for 2019 among mid-sized federal agencies! Office of General Counsel & Office of Executive Director honored as No. 2 and No. 4 among agency subcomponents. #FERC #FedBPTW @rpublicservice
Chairman Neil Chatterjee & FERC would like to #wish everyone a #safe & #HappyThanksgiving! #Energy #Turkey
#FERC Chairman Neil Chatterjee welcomes you to our takeover of the Partnership for Public Service Instagram page to learn more about how FERC is #AlwaysOn. While you're at it, come follow us at https://www.instagram.com/fercgov/! Full video here: https://www.youtube.com/watch?v=XmlrhL3EUfU
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