The transition to fully competitive bulk power markets: Federal regulatory developments in the electric power industry
Journal Article
·
· Energy Law Journal
OSTI ID:54343
In recent years, traditional electric utilities have become increasingly dependent upon enhanced competitive conditions in the bulk power market to improve efficiency and secure {open_quotes}least-cost{close_quotes} generation for their franchise and wholesale customers. The industry`s growing reliance on competitive wholesale markets both presaged and overtook the new legislation reflected in the Energy Policy Act of 1992 (EPAct). This article describes the new environment, as revealed in recent Federal Energy Regulatory Commission (FERC) decisions, and discusses its impact on the services and rates of affected utilities.
- OSTI ID:
- 54343
- Journal Information:
- Energy Law Journal, Journal Name: Energy Law Journal Journal Issue: 2 Vol. 15; ISSN 0270-9163; ISSN ELJOEA
- Country of Publication:
- United States
- Language:
- English
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