Electricity Regulation: Factors Affecting the Processing of Electric Power Applications

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DIANE Publishing, 1994 - 62 pages
A review of the Federal Energy Regulatory Commission's (FERC) processing of applications for the approval of proposed wholesale electricity transactions. Identifies factors affecting the time that FERC takes to process electric power applications; the potential effects of the 1992 act on FERC's work load; and potential procedural changes that could reduce the time needed to decide on applications. Charts and tables.

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Page 36 - Future before the Subcommittee on Energy and Power, House Committee on Energy and Commerce, transmission lines contribute only a small fraction of the population's total exposure to magnetic fields.
Page 57 - With respect to security transactions, where a person is subject to both the Federal Power Act and the Public Utility Holding Company Act of 1935...
Page 9 - North Capitol Street, NE., Washington, DC 20426. The Commission Issuance Posting System (CIPS), an electronic bulletin board service, provides access to the texts of formal documents issued by the Commission. CIPS is available at no charge to the user and may be accessed using a personal computer with a modem by dialing (202) 208-1397.
Page 10 - March 1993 testimony before the Subcommittee on Energy and Power, House Committee on Energy and Commerce...
Page 2 - Energy — is responsible for ensuring that the rates (prices), terms, and conditions of wholesale electricity transactions are "just and reasonable" and nondiscriminatory. In addition, owners and operators of jurisdictional facilities are required to obtain FERC approval before selling, merging, consolidating, or otherwise disposing of those facilities.2 Utilities or nonutility generators that wish to carry out these transactions must submit an application to FERC. FERC consists of five appointed...
Page 53 - Victor S. Rezendes Director, Energy and Science Issues Resources, Community, and Economic Development Division US General Accounting Office Washington, DC 20548 Dear Mr.
Page 59 - FERC's automated information system would improve its usefulness as a management tool. We reported in February 1992 that FERC's management information system- -the Key Indicator Case Tracking System (KICTS) — did not enable FERC to effectively evaluate its application review process for natural gas pipelines.3 Specifically, KICTS did not retain the original target dates for key phases in the review process. Retaining these dates would have allowed FERC to assess Its performance in 'Natural Gas;...
Page 59 - ... applications without the use of a trial-type hearing, while the remainder were processed as routine applications and were decided on by OEPR under its delegated authority. According to FERC officials, the number of issues that can be contested in market-based rate applications are substantially fewer than in cost-based rate applications; as a result, market-based rate applications are less likely than cost-based rate applications to require a trial-type hearing. Actions Could Reduce Average Processing...
Page 36 - Not later than 1 year after the enactment of this section, the Commission shall promulgate a rule requiring that information be submitted annually to the Commission by transmitting utilities which is adequate to inform potential transmission customers, State regulatory authorities, and the public of potentially available transmission capacity and known constraints.".
Page 60 - ... Commission must decide; and whether parties can reach voluntary settlements before submitting applications to FERC. Potential Exists for More Wholesale Transactions Partly In response to economic and regulatory changes, wholesale electricity markets have grown significantly in recent years; electricity in wholesale transactions now accounts for more than half of the electricity sold to retail customers.

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