On March 19, 2026, in Opinion No. 594, FERC issued a long-awaited decision in litigation about the base Return on Equity (ROE) to be earned by the New England Transmission Owners (NETOs). Previous iterations of the Commission had failed to address the 2017 remand from the U.S. Court of Appeals for the District of Columbia Circuit (D.C. Circuit) in Emera Maine v. FERC. FERC set the NETOs’ ROE at 9.57%. In addition to applying that new ROE going forward, FERC backdated the new rate to October 16, 2014, and ordered the NETOs to issue refunds with interest to implement that directive. FERC separately required refunds for the 15-month refund period from October 1, 2011, through December 31, 2012. FERC’s authority to backdate new rates under section 206 has been challenged in other cases recently.

On March 19, 2026, FERC approved Southwest Power Pool, Inc.’s (SPP) System Support Resource (SSR) program to allow SPP, under specified conditions, to keep certain generating units that plan to retire temporarily online when they are needed to maintain reliability of the bulk electric system in the SPP region.  In doing so, FERC found that SPP’s proposal appropriately balanced the need to maintain reliability with generator owners’ ability to implement their business plans.

On March 19, 2026, FERC approved Southwest Power Pool, Inc.’s (SPP) proposal to establish a Consolidated Planning Process (CPP) framework to streamline its regional transmission planning and generator interconnection process. FERC determined that SPP’s CPP framework complies with the regional transmission planning and cost allocation requirements of Order Nos. 890 and 1000, as well as the generator interconnection rules of Order Nos. 2003 and 2023. FERC accepted SPP’s proposed tariff revisions to implement CPP effective March 1, 2026, and directed SPP to submit a compliance filing making certain limited changes to the tariff revisions.

On February 27, 2026, PJM Interconnection, L.L.C. (PJM) filed revisions to its Open Access Transmission Tariff (Tariff) to establish an Expedited Interconnection Track process for Generating Facilities (EIT Process). According to the filing, the proposed EIT Process would enable PJM to consider up to 10 expedited interconnection requests per calendar year for large new or uprated Capacity Resources. PJM requested an effective date of July 31, 2026, for the tariff revisions implementing the proposed EIT Process and requested an order from FERC by May 28, 2026.

On February 10, 2026, the U.S. Court of Appeals for the District of Columbia Circuit (DC Circuit) upheld FERC’s order accepting revisions to the PJM Interconnection, L.L.C. (PJM) Open Access Transmission Tariff (Tariff) to prohibit Energy Efficiency Resources (EERs) from participating in PJM’s capacity market auctions starting with the 2026/2027 Delivery Year auction. The court held that FERC’s acceptance of PJM’s proposal to sunset EERs’ participation in capacity auctions did not run afoul of the filed-rate doctrine, nor was it arbitrary and capricious.

On February 19, 2026, FERC dismissed a complaint filed by Baltimore Gas and Electric Company (BGE) against Transcontinental Gas Pipe Line Company, LLC (Transco) asserting that BGE had a contractual right to challenge its negotiated rate with Transco pursuant to section 5 of the Natural Gas Act (NGA). FERC held that BGE contractually waived its NGA section 5 rights with respect to its negotiated rate, and BGE therefore was required to pay the negotiated rate.

On January 29, 2025, FERC issued a certificate of public convenience and necessity (CPCN) to Transcontinental Gas Pipe Line Company, LLC (Transco) to construct and operate its Southeast Supply Enhancement Project (Project).

The Project expands Transco’s existing natural gas transmission system in Virginia and North Carolina and will add approximately

On January 29, 2026, FERC accepted PJM Interconnection, L.L.C.’s (PJM) revisions to its Open Access Transmission Tariff (Tariff) to create a separate, fast‑track interconnection process for “Replacement Generation Resources” that assume Capacity Interconnection Rights (CIRs) from retiring generators. The new process is intended to bring replacement capacity online more quickly, limit how long CIRs sit unused, and run in parallel with PJM’s interconnection queue.

On January 13, 2026, the United States Court of Appeals for the District of Columbia Circuit (D.C. Circuit) in FERC v. PJM Interconnection, LLC., et al., held that FERC erred in concluding that a prior decision of the United States Court of Appeals for the Third Circuit (Third Circuit) foreclosed its authority under Section 206 of the Federal Power Act (FPA) to review and potentially modify PJM’s 2024/2025 capacity auction results. The court ruled that the Third Circuit’s application of the filed‑rate doctrine to PJM’s tariff amendment under Section 205 did not decide whether FERC could, in a separate proceeding, determine that the re‑run auction’s outcome was unjust and unreasonable and grant relief under Section 206.