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William J. Froehlich has been appointed director of the re-established Office of Administrative Litigation at the Federal Energy Regulatory Commission (FERC). Froehlich has been an attorney with FERC since 1975. As the head of the office, Froehlich will report directly to FERC Chairman Pat Wood III and the commissioners.

The Economists: On the Future of Energy Markets

Uncertainty clouds direction of FERC’s market engineering.

The failure of California markets, Enron, and the low-point of the merchant plant business cycle has left many executives pessimistic over the prospects that true competitive markets in energy will develop. Top economists discuss the industry’s outlook.