Research report: Summary of key state issues of FERC orders 888 and 889
- and others
The Federal Energy Regulatory Commission`s (FERC) Order 888 is perhaps the most important and far reaching FERC electricity order in decades. The consequences on the structure of the industry and how the industry is regulated are significant departures from past methods and regulatory philosophy. This will undoubtedly have a dramatic impact on the manner in which state public utility commissions, which are also undergoing or considering dramatic change, regulate their jurisdictional electric utilities. This report summarizes and discusses the actions that the FERC is taking and their profound repercussions on the industry and state commissions. The report is not a comprehensive summary of the entire order. Rather, it is intended to highlight the order`s more important features and discuss what this could mean for the states. The report is organized into eight sections; the first seven address Order 888 and the last section (section 8) addresses Order 889. Section 1 through 5 summarize and discuss the main features of Order 888. Section 6 (on jurisdiction) and Section 7 (on property rights) interpret the likely consequences of the order. Section 8, summarizes the FERC`s Open Access Same Time System (OASIS) and discusses some concerns about its real-world application.
- Research Organization:
- National Regulatory Research Inst., Columbus, OH (United States)
- Sponsoring Organization:
- National Regulatory Research Inst., Columbus, OH (United States)
- OSTI ID:
- 464146
- Report Number(s):
- NRRI-97-08; ON: DE97005073; TRN: 97:002673
- Resource Relation:
- Other Information: PBD: Jan 1997
- Country of Publication:
- United States
- Language:
- English
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