When Électricité de France stepped in to buy Constellation Energy’s nuclear assets and help the company avoid bankruptcy, the Maryland Public Service Commission conditioned the sale on a set of...
Tennessee Reviews Gas Promotion Costs
legislature treated its sovereign authority as just another bargaining chip to trade away in a commercial transaction."
9Citing Jersey Central Power & Light Co. v. FERC, 810 F.2d 1168, 1189 (D.C.Cir.1986).
10See, Permian Basin Area Rate Cases, 390 U.S. 747 (U.S.1954) (upholding practice of Federal Power Commission of determining rates for gas supplies by identifying certain "major producing areas," and then setting maximum rates based on a composite cost rather than setting rates based on each producer's cost of proving service).
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