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FERC Transmission Rule Source of Controversy

An investor-owned utility association, Edison Electric Institute, has requested that a federal court review the Federal Energy Regulatory Commision's (FERC) controversial rule meant to spur new transmission investment.  The rule requires utilities to cre
July 12, 2012

An investor-owned utility association, Edison Electric Institute, has requested that a federal court review the Federal Energy Regulatory Commision's (FERC) controversial rule meant to spur new transmission investment.  The rule requires utilities to create regional plans and a framework for cost allocation.  The rule also introduces competitive bidding and new compliance requirements.  FERC has justified the rule on the basis that a more "top down" approach to regional planning is better and would foster more renewable power projects.  Law360 has more (subscription required).

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