Embattled Nicor Inc. said Wednesday the Securities and Exchange Commission (SEC) has opened an informal inquiry into the accounting practices of its retail joint venture with Dynegy Inc. and a natural gas supply cost plan that already is under investigation by Illinois regulators.
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FERC Staff, FL PSC to Hash Over GridFlorida RTO Issues
FERC yesterday said that it would direct its staff to hold informal discussions with the Florida Public Service Commission (PSC) in the wake of the PSC’s voicing concerns about the development of GridFlorida, a regional transmission organization (RTO). The PSC has raised concerns focusing on jurisdictional boundaries and responsibilities as it relates to FERC and the state commission and the recovery of start up costs for the RTO.
June 28, 2001
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