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Title: The transition to fully competitive bulk power markets: Federal regulatory developments in the electric power industry

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.
Authors:
Publication Date:
OSTI Identifier:
54343
Resource Type:
Journal Article
Resource Relation:
Journal Name: Energy Law Journal; Journal Volume: 15; Journal Issue: 2; Other Information: PBD: 1994
Country of Publication:
United States
Language:
English
Subject:
29 ENERGY PLANNING AND POLICY; 24 POWER TRANSMISSION AND DISTRIBUTION; ELECTRIC POWER INDUSTRY; DEREGULATION; ELECTRIC UTILITIES; COMPETITION; RATE STRUCTURE; ECONOMIC IMPACT; LEGAL ASPECTS; RESELLERS; PRICES