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Title: Report of the committee on electric utility regulation

Journal Article · · Energy Law Journal; (United States)
OSTI ID:5614391

In 1992, Congress made sweeping changes to the structure of the electric utility industry. The topic of this report, the Energy Policy Act of 1992, amended the Public Utility Holding Company Act of 1935 (PUHCA) to remove barriers to the development of independent power projects, and broadened the Federal Energy Regulatory Commission's (FERC) transmission authority under the Federal Power Act (FPA). Congress further amended PUHCA to permit investments in foreign utility systems by domestic utilities. The Energy Policy Act also created the potential for an increased role for integrated resource planning in utility decision-making. On the administrative side, the FERC attempted to encourage the role of competition in the industry through several rulemakings and a number of litigated cases. Also, the Securities and Exchange Commission (SEC) was presented with several novel issues and made decisions which could affect the future structure of the industry. This report describes the legislation of the Energy Policy Act of 1992. The decisions and cases involving the FERC and the SEC and their impacts on the industry are described.

OSTI ID:
5614391
Journal Information:
Energy Law Journal; (United States), Vol. 14:2; ISSN 0270-9163
Country of Publication:
United States
Language:
English