Electricity agenda items for the new FERC

Journal Article · Tue Jun 01 04:00:00 EDT 1993 · Electricity Journal; (United States)

DOI:https://doi.org/10.1016/1040-6190(93)90129-9· OSTI ID:5614411

Joskow, P

The Federal Energy Regulatory Commission has a unique opportunity to lead the electric power industry in constructive directions, but only if it begins to articulate a vision for the industry, develops a sound decision-making process to guide the industry there, and initiates substantive cooperation with state regulators. As this article is being written, the FERC is expected to have four new commissioners and a new chairwoman. These men and women take office at a time when the electric power industry is undergoing very significant changes. The most important electricity policy challenge facing the Commission is to develop a comprehensive regulatory framework that supports the evolution of competitive power markets in ways that maintain reliability, increase efficient use of resources, and yield real economic benefits to consumers. Furthermore, in light of the important role of the individual states in the electricity sector, the Commission must develop policies that complement state initiatives and play a more aggressive leadership role in all aspects of electricity supply and pricing policy.

• OSTI ID: 5614411
• Journal Information: Electricity Journal; (United States), Journal Name: Electricity Journal; (United States) Vol. 6:5; ISSN ELEJE4; ISSN 1040-6190
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
293000* -- Energy Planning & Policy-- Policy
Legislation
& Regulation
296000 -- Energy Planning & Policy-- Electric Power
DECISION MAKING
ELECTRIC POWER INDUSTRY
ENERGY POLICY
GOVERNMENT POLICIES
INDUSTRY
MANAGEMENT
NATIONAL ORGANIZATIONS
PRICING REGULATIONS
REGULATIONS
US DOE
US FERC
US ORGANIZATIONS