Utility restructuring seems to prompt more lawsuits by customers.
In Chicago, Commonwealth Edison Co. settles a class action lawsuit for a heat-wave outage, paying $2.5 million for items...
Congress revamps LNG and storage, giving broad new powers to FERC. Why the Feds still must consult with local authorities.
matters, at least over the next year or so.
EPACT requires several studies where a federal entity is designated as the lead agency responsible for conducting the study. 11 In most cases, the lead agency is mandated to confer with the states. Most of the studies required by the act, as they pertain specifically to natural gas, deal with issues that have come to the forefront over the past few years. 12 In addition to studies, the act requires the Department of Energy to hold, within the first year after enactment of the act, at least three forums on LNG in states where LNG terminals are under construction. 13 All of these studies will provide information to policymakers, at both the federal and state level, that could lead to future initiatives. Based on the evidence presented for these studies, future policy initiatives may be taken that can improve natural-gas market conditions and lead to more moderate future gas prices.