FERC’s order requiring potential refunds of up to $69 million on January bulk power sales in California has come under further assault, with San Diego County claiming that the “proxy market clearing price” established by the Commission in the order allows sellers to recover almost double their marginal production costs, and that the decision not to subject sales during non-Stage 3 emergencies to refunds was grossly unfair. It further blasted FERC for not ordering power suppliers to publicly disclose their rates and costs.
Assails
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San Diego Assails FERC Refund Calculations
FERC’s order requiring potential refunds of up to $69 million onJanuary bulk power sales in California has come under furtherassault, with San Diego County claiming that the “proxy marketclearing price” established by the Commission in the order allowssellers to recover almost double their marginal production costs,and that the decision not to subject sales during non-Stage 3emergencies to refunds was grossly unfair. It further blasted FERCfor not ordering power suppliers to publicly disclose their ratesand costs.
Hebert Assails FERC’s Grid Reliability Plan
The Federal Energy Regulatory Commission last week announcedfive “practical steps” that it will take this summer to “alleviatereliability stresses” on the electric transmission grid duringperiods of heightened demand. Commissioner Curt Hebert Jr.,however, cast doubts not only the effectiveness of the measures,but FERC’s motive for proposing them.
Hebert Assails FERC’s Grid Reliability Initiatives
The Federal Energy Regulatory Commission yesterday announcedfive “practical steps” that it will take this summer to “alleviatereliability stresses” on the electric transmission grid duringperiods of heightened demand. Commissioner Curt Hebert Jr.,however, questioned not only the effectiveness of the measures, butalso FERC’s motive for proposing them.
Vermont Governor Assails Pipeline, Power Projects
Vermont Gov. Howard Dean last week voiced strong opposition to a$100 million gas pipeline project and two power plants proposed inhis state. The governor’s position, local opposition and financingtroubles for the power plants have left project planners EnergyEast, Iroquois Gas Pipeline and Vermont Energy Park Holdings withvery few options.
Another NY Agency Assails Columbia’s Millennium
The New York State Reliability Council filed comments with FERClast week saying the proposed Millennium Pipeline’s current routeposes severe problems to the state’s electrical grid. Columbia GasTransmission, the main sponsor of the project, said it would workwith the council to resolve the situation.
Vermont Governor Assails Pipeline, Power Projects
Vermont Gov. Howard Dean this week voiced strong opposition to a$100 million gas pipeline project and two power plants proposed inhis state. The governor’s position, local opposition and financingtroubles for the power plants have left project planners EnergyEast, Iroquois Gas Pipeline and Vermont Energy Park Holdings withvery few options.