FERC Report: Summer Blackouts During “Extreme Conditions”
Some interesting exchanges took place at yesterday's Federal Energy Regulatory Commission (FERC) open meeting between the five commissioners. Chairman Richard "Dick" Glick released the agency's Summer Energy Market and Reliability Assessment report along with a press release sugarcoating some of the strong language in the report. One of the statements in the Key Findings of the report is this little gem under Electric Markets: "Despite having planning reserve margins that exceed reference margin levels, all regions may face energy shortfalls [of electricity] during extreme operating conditions." The two Republican FERC commissioners didn't let Glick get away with sweeping it under the proverbial carpet.
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