Reliability, PUHCA repeal among energy bill provisions
Washington (Platts)--18Apr2005
Key electricity provisions in the House energy bill, which is slated for debate as early as Wednesday, include those that would create an electric reliability organization to enforce standards on users of the grid, would repeal the Public Utility Holding Company Act and would authorize the US Federal Energy Regulatory Commission to site transmission facilities in certain cases. The House Energy and Commerce Committee last week made two major changes to the electricity title: One is the elimination of "participant funding" of transmission upgrades that would have allowed utilities to assign the costs to grid users that would benefit from the improvements. The other called for FERC to issue a rule enabling load-serving entities to secure long-term transmission rights for current or future load in electricity markets with commission-approved regional transmission operators and independent system operators. In regions without RTOs or ISOs, utilities' existing firm transmission rights are preserved for their native-load service. This story was originally published in Platts Electricity Alert http://www.electricityalert.platts.com
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