A new regulatory order for IPPs
- LeBoeuf, Lamb, Leiby and MacRae, Washington, DC (United States)
- LeBoeuf, Lamb, Leiby and MacRae, New York, NY (United States)
Last month, Congress voted out, and the President signed, comprehensive national energy legislation, the Energy Policy act of 1992. The act contains two major electricity regulation reform sections whose long-term significance may dwarf any action taken by Congress in the electricity area singe the Public Utility Act of 1935. The 1935 act, of course, included the Public Utility Holding Company Act (PUHCA); and it included Part II of the Federal Power Act (FPA), which created the basic dichotomy between state and federal jurisdiction that has prevailed in the regulation of the industry ever since. This paper reports on the first element, known as PUHCA reform, which provides a broad exemption from PUHCA for a new breed of power generators, exempt wholesale generators (EWGs), previously referred to as independent power producers (IPPs). It builds on the exemption that already applies to qualifying facilities (QFs) under section 210 of the Public Utility Regulatory Policies Act of 1978 (PURPA).
- OSTI ID:
- 6977161
- Journal Information:
- Cogeneration Journal; (United States), Journal Name: Cogeneration Journal; (United States) Vol. 9:5; ISSN COGJED; ISSN 0883-5985
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
293000* -- Energy Planning & Policy-- Policy
Legislation
& Regulation
296000 -- Energy Planning & Policy-- Electric Power
AMENDMENTS
COGENERATION
DEUS
ELECTRICITY
LAWS
MARKET
POWER GENERATION
REGULATIONS
STEAM GENERATION
US ENERGY POLICY AND CONSERVATION ACT
US NATIONAL ENERGY ACT
US PUBLIC UTILITY REGULATORY POLICIES ACT