Perspective

Deck: 
FERC's call for regional PUCs will force state regulators to declare their allegiance.
Fortnightly Magazine - September 1 2002
This full article is only accessible by current license holders. Please login to view the full content.
Don't have a license yet? Click here to sign up for Public Utilities Fortnightly, and gain access to the entire Fortnightly article database online.


DC PSC RFP Technical Consultant for Formal Case (FC) No. 1156

 

FERC's call for regional PUCs will force state regulators to declare their allegiance.

How will regulators re-engineer restructuring? That was the theme of the seventh annual convention of the Mid-Atlantic Conference of Regulatory Commissioners (MARUC). But while the theme may have been the re-engineering of restructuring, other regulators felt more inclined to discuss the "re-regulating of restructuring."

In fact, FERC's call for regional public utility commissions (PUCs) to be formed as part of its Standard Market Design has deeply divided state PUCs, and this could be a problem for the future of FERC's initiatives.

Although power increasingly has shifted to the FERC, none deny that state regulators can delay or even cripple the federal actions by a combination of pressure on their jurisdictional companies and with political lobbying in Congress with state delegations.

This full article is only accessible by current license holders. Please login to view the full content.
Don't have a license yet? Click here to sign up for Public Utilities Fortnightly, and gain access to the entire Fortnightly article database online.