Regional perspectives on restructuring and deregulation in the Western States
- Ball Janik, Portland, OR (United States)
Following passage of the Energy Policy Act of 1992, the Federal Energy Regulatory Commission ({open_quotes}FERC{close_quotes}) is prohibiting discriminatory practices in the use of transmission systems for wholesale power transactions. Meanwhile, the States are making policy choices regarding deregulation of retail sales of power. State initiatives have, and will continue to, focus on new market structures for the electric industry, changes to the value of utility assets resulting from deregulation ({close_quotes}stranded investment{close_quotes}), and alternatives to traditional cost-of-service regulation for those segments of the market for electricity subject to continued regulation. Through a mixture of legislation, rulemaking, and case-by-case adjudication, States will implement their policy choices. Legislators and regulators in many jurisdictions are at a very preliminary stage in their deliberations, so consumers of electricity still have significant opportunities to influence the outcome of State deregulation of the electric industry. This paper describes the status of deregulation efforts in the Western States.
- OSTI ID:
- 269651
- Report Number(s):
- CONF-960213--
- Country of Publication:
- United States
- Language:
- English
Similar Records
The regulatory divide: Federal and state jurisdiction in a restructured electricity industry
Meaningful restructuring: Resolving the stranded cost dilemma