💡FERC Term of the Week! “Transmission Congestion": Congestion happens when demand for electricity transmission is greater than the physical limits of the transmission grid in an area.

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FERC Term of the Week: Cost Containment 💡

Cost containment refers to the promises made by a transmission developer to help keep a project’s costs within agreed limits. #FERCFluency #OPP

FERC Term of the Week! “Pipeline Certificate”: A certificate issued by FERC under the Natural Gas Act that grants a company the authority to construct and operate an interstate natural gas pipeline. Simply put, it’s the FERC approval needed to build a new gas pipeline. #FERCFluency #FERC #OPP 💡🔌

FERC Term of the Week! “Baseload Power”: The minimum amount of electric power that a utility or region consistently needs over a given period, usually supplied at a steady rate. It is generally measured in kilowatts or megawatts. 💡🔌#FERCFluency #OPP

FERC Term of the Week! “Reliability”: Reliability refers to the extent to which the grid can be operated without leading to failures, often experienced as service interruptions. #FERCFluency 💡

There are 13 required reports, each focused on a specific aspect of the environment or proposed infrastructure.

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FERC Term of the Week💡 “Demand Response”: Demand Response (DR) programs incentivize consumers to reduce electricity usage during peak demand periods, helping to stabilize the grid and lower costs.

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FERC Term of the Week! “Order”: A FERC Order is an official decision issued by the Commission in response to a filing, petition, or proceeding. Orders can approve, deny, or set rules for energy projects and regulations.

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