The Ohio Public Utilities Commission (PUC) has proposed regulations to allow electric utilities to use fuel-cost clauses to recover gains or losses from trading Clean Air Act emission allowances....
Cal. GOP Pushes for Energy Resource Diversity
Eleven of California's Republican Congressmen have thrown their weight behind Gov. Pete Wilson
(R-CA) in a letter attacking the Federal Energy Regulatory Commission's (FERC's) February 22 decision that the California Public Utility Commission's resource auction violated the Public Utility Regulatory Policies Act in failing to consider all sources in setting avoided costs. The letter opposes what it labels the FERC's attempt to overturn California's Biennial Resource Plan Update (BRPU). The Congressmen say they consider the FERC order "advisory only." The letter decries federal intrusion into state government, adding that the auction was relied on by bid participants "poised to invest $1.5 billion in low-priced energy resources." This investment would have created 5,000 new jobs, which the Republicans conclude are now threatened by the FERC order.
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