The Application of the Antitrust Laws to the Tennessee Valley Authority and the Federal Power Marketing Administrations: Hearing Before the Committee on the Judiciary, House of Representatives, One Hundred Fifth Congress, First Session ... October 22, 1997 |
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Common terms and phrases
agency anti-competitive antitrust laws application Bonneville Power Administration BOUCHER BPA's BRYANT Chairman CHRISTENBURY Cinergy City of Bristol Clayton Act Commission committee competing competitor CONG CONGRESS THE LIBRARY Congressman contract counsel courts DELAHUNT deregulation distributors DOOLITTLE electric industry electric utility Energy Policy Act entities exempt Federal Energy Federal Power Marketing FERC Fergus Falls FLETCHER GEKAS gentleman going GRESS hearing HYDE industrial customers issues JENKINS kilowatt hour LIBRARY OF CONGRESS market power MCCOLLUM million Minnesota Northwest offer open access operate Otter Tail Power oversight percent less PMAS Power Administration Power Marketing Administrations power supply predatory pricing prepared statement question RARY regulation Regulatory RESS restructuring SANDERS SASSEVILLE sell power SEPA SHAFER Sherman Act Southeastern Power Administration statutes statutory stranded costs supplier SWPA Tennessee Valley Authority Thank tion transmission access transmission facilities trust laws TVA Act TVA's violation Virginia WAPA wholesale power
Popular passages
Page 14 - Interior, who shall transmit and dispose of such power and energy in such manner as to encourage the most widespread use thereof at the lowest possible rates to consumers consistent with sound business principles, the rate schedules to become effective upon confirmation and approval by the Federal Power Commission.
Page 9 - The Sherman Act was designed to be a comprehensive charter of economic liberty aimed at preserving free and unfettered competition as the rule of trade. It rests on the premise that the unrestrained interaction of competitive forces will yield the best allocation of our economic resources, the lowest prices, the highest quality and the 17.
Page 50 - Rate schedules shall be drawn having regard to the recovery (upon the basis of the application of such rate schedules to the capacity of the electric facilities of the projects) of the cost of producing and transmitting such electric energy, including the amortization of the capital investment allocated to power over a reasonable period of years.
Page 13 - To address this problem, the budget proposes that the Southeastern Power Administration, the Southwestern Power Administration, and the Western Area Power Administration finance hydropower operation and maintenance costs directly, in a manner similar to the mechanism used by Bonneville.
Page 49 - Bulk transmission, peaking capacity, forced outage reserves, fuel displacement energy, and reserves for unanticipated regional load growth are required. These will be Federal responsibilities to be borne jointly by the Army Corps of Engineers, the Bureau of Reclamation, and the Bonneville Power Administration.
Page 2 - Mr. BOUCHER. Thank you very much, Mr. Chairman. I want to commend you...
Page 43 - The legislative history of the foregoing provision of law indicates that its purpose was to free the Administration from the requirements and restrictions ordinarily applicable to the conduct of Government business and to enable the Administrator to conduct the business of the project with a freedom similar to that which has been conferred on public corporations carrying on similar or comparable activities.
Page 11 - Austin to the gulf coast should all be coordinated by the Bureau of Reclamation and the US Army Corps of Engineers before any further consideration is given by this committee to the Columbus Bend project.
Page 45 - In order to make out a prima facie case of price discrimination under section 2(a) of the Clayton Act as amended by the Robinson-Patman Act...
Page 15 - USC §§ 839, 83 9c(b)( 1 ). The other PMAs also market power according to statutory preference policies. WAPA's marketing of power is primarily guided by the Reclamation Project Act of 1939, 43 USC § 485h(c). and the Flood Control Act of 1944, 16 USC § 825s. In addition, each of WAPA's eleven ratesetting systems have individual project-specific statutes which must be followed when marketing power. SEPA and SWPA market power based on the Flood Control Act of 1944. 16 USC § 825s. Entities that...