Ventura Energy Storage, LLC has submitted an application for market-based rate authority to the Federal Energy Regulatory Commission (FERC). The application also seeks blanket authorization for future issuances of securities and assumptions of liability, as per regulatory requirements. Individuals who wish to intervene or protest this application must do so by February 18, 2021, by following FERC's submission procedures, which can be done electronically or by mail. Due to COVID-19, the Commission's Public Reference Room is currently closed, but documents can be accessed online through FERC's eLibrary.
Simple Explanation
Ventura Energy Storage wants permission to sell electricity at their chosen prices and also wants an ok to make some financial decisions without asking every time. People can say if they don't like this by a certain date, but telling the group in charge might be a bit tricky because of the rules.