Unsnarl

FERC last Wednesday said it would implement several additional measures in an ongoing effort to unsnarl the rat’s nest of problems that continues to hound wholesale electricity and natural gas markets out West. By a vote of 3-0, the Commission reaffirmed several actions, including allowing premiums on equity returns and accelerated depreciation for projects that increase electric transmission capacity in the short term, to address energy-related difficulties facing California and the western part of the country.