October 21, 2011
Policy & Enforcement Briefing: FERC Regulations, Wastewater Rules, Fines for ConocoPhillips and Sherwin-Williams
The Federal Energy Regulatory Commission announced that it has published three final rules on Thursday, dramatically shaking up the payment method for transmission, particularly in the Midwest. The first rule, relating to transmission planning and cost allocation, requires organized markets to include in their tariffs a new two-part market-based compensation method for regulation service. The second rule changes the way the 13-state Midwest Independent Transmission System Operator Inc. will pay for new large transmission lines. The third rule will force regional organized markets to submit electronic data.
The American….
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