On April 6, 2012, FERC granted a petition for declaratory order filed by PJM Interconnection LLC (“PJM”) regarding the allocation of costs associated with phase angle regulators (“PARs”) installed within the Midwest Independent Transmission System Operator, Inc. (“MISO”).

On April 4, 2012, Oklahoma Attorney General, E. Scott Pruitt, filed a petition with the United States Court of Appeals for the Tenth Circuit (“10th Circuit”) on behalf of the state, Oklahoma Gas & Electric (“OG&E”), and Oklahoma Industrial Energy Consumers seeking a stay of the Environmental Protection Agency’s (“EPA”) Federal Implementation Plan (“FIP”) (or “regional haze rule”) for the state.

On April 10, 2012, the Department of Energy (“DOE”) announced that it is offering up to $15 million in funding to companies, universities, or laboratories working to develop biomass-based oil supplements that can be blended with petroleum.  Possible materials used to create the prototype include algae, corn and wheat stovers, dedicated energy crops or wood residues.

On March 30, 2012, FERC issued an order on remand from the United States Court of Appeals for the Seventh Circuit (“7th Circuit”) regarding the appropriate cost allocation methodology for large transmission projects in the PJM Interconnection, L.L.C. (“PJM”) region.  FERC reaffirmed its decision to approve PJM’s postage stamp rate that socialized the cost of high-voltage projects to the entire RTO.

On March 30, 2012, FERC conditionally approved a proposal from the Midwest Independent System Operator (“MISO”) to revise its interconnection queue procedures.  The new procedures are designed to address backlogs and late-stage terminations of generation interconnection agreements.  FERC approved the new procedures to take effect on January 1, 2012.