While states should be given plenty of leeway in deciding whether they need additional power supplies, FERC is legally bound under the Federal Power Act (FPA) to step in and review the possible competitive impacts of a vertically-integrated utility’s decision to purchase generation assets, FERC Commissioner Joseph Kelliher told a gathering of investment professionals last Thursday.
Leeway
Articles from Leeway
Battle Over Future of SMD, RTOs Escalates Among State Regulators
The question over how much leeway Congress should give FERC in pursuing its standard market design (SMD) proposal for U.S. wholesale power markets and the creation of regional transmission organizations (RTOs) was answered in very different ways last week by state utility regulatory commissioners meeting with federal lawmakers.
September 15, 2003
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