Electric utility restructuring: Who's regulating the revolution

Journal Article · Fri Jun 01 04:00:00 EDT 1990 · Electricity Journal; (USA)

DOI:https://doi.org/10.1016/1040-6190(90)90064-G· OSTI ID:5886147

Bobbish, D J ^[1]

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1. Bishop, Cook, Purcell Reynolds, Washington, DC (USA)

The FERC (Federal Energy Regulatory Commission), along with the SEC (Securities Exchange Commission) and the states, has a particular role to play in regulating the revolution in the electric power industry: FERC must protect the integrity of the operating system for the benefit of consumers; the SEC must guard against the concentration of control over utilities; and the states must be able to use their authorities to protect consumers from risk at the hands of utilities and holding companies. FERC should advance its role in this rough division of responsibilities by (1) clearing up doubts over its jurisdiction over various restructuring transactions, (2) clarifying the relationship between its regulation of utility restructuring with respect to that of the SEC and the states, and (3) enunciating its standards for review of restructuring transactions. This time of transition in the electric utility industry calls for a clearer explanation by FERC of its goals in regulating utility restructuring transactions.

• OSTI ID: 5886147
• Journal Information: Electricity Journal; (USA), Journal Name: Electricity Journal; (USA) Vol. 3:5; ISSN ELEJE; 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
ELECTRIC UTILITIES
MANAGEMENT
NATIONAL ORGANIZATIONS
PUBLIC UTILITIES
REGULATIONS
STANDARDS
STATE GOVERNMENT
US DOE
US FERC
US ORGANIZATIONS