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	Federal Energy Regulatory Commission - Wikipedia, the free encyclopedia
		FERC has also been heavily involved in the California electricity crisis and in investigating allegations of electricity market manipulation by Enron and other energy companies.
		FERC is also working with Canadian energy officials to facilitate processing of the Alaskan Natural Gas Pipeline, which would bring natural gas from Alaska's North Slope to the lower 48 States.
		FERC regulates approximately 1,600 hydroelectric projects in the U.S. It is largely responsible for permitting the construction of a large network of interstate natural gas pipelines.
	en.wikipedia.org /wiki/FERC (390 words)

	FERC and Wall Street
		FERC Commissioner Nora Brownell indicated during the public meeting hours earlier that she would likely not support California's argument that the contracts be voided because it would scare away investors or discourage companies from signing similar deals in the future.
		But, in what appears to be a violation of FERC's own federal rules, Brownell told the Wall Street analysts on the conference call after the meeting exactly how she and Wood would vote on the issue when it comes up for a vote at a FERC meeting in mid-April.
		On the other hand, FERC doesn't want to scare away more investment from the electricity industry, which is still in desperate need of new electric transmission lines and will need more power plants soon in some regions of the country.
	www.dissidentvoice.org /Articles3/Leopold_FERC.htm (1181 words)

	Western Business Roundtable: Utilities set to fight FERC wholesale power test (Site not responding. Last check: 2007-11-01)
		FERC insists the new test is temporary, and it has initiated a rulemaking to comprehensively examine market rates, generation and transmission power, and other barriers to market entry by smaller firms.
		FERC may further test the bounds of its authority as it forges ahead on the Entergy and Southern Co. cases.
		FERC's policies have also met criticism on Capitol Hill, most recently in a letter from 20 lawmakers which said the agency is close to overstepping its boundaries in pursuit of restructured wholesale power markets (Greenwire, July 21).
	www.westernroundtable.com /news/article.asp?id=1184 (872 words)

	OMB Watch - FERC Rulemaking to Restrict Information Access
		While FERC is not the only agency to take steps to remove or restrict information in the wake of last year’s terrorist attacks, this rule would be the first permanent action by a government agency.
		FERC utilizes several justifications to make its case that the agency is not altering or ignoring its responsibilities under FOIA.
		FERC explained that while companies are legally required to cooperate with and submit information to FERC, if CEII were disclosed by the Commission companies would not be as trusting of the Commission and less forthcoming in the more subjective portions of their submissions.
	www.ombwatch.org /article/articleview/1087/1/1 (498 words)

	frontline: blackout: regulation: what is ferc? \| PBS
		When FERC was established in 1977 as a replacement for the Federal Power Commission, its mandate was to determine whether wholesale electricity prices were unjust and unreasonable and, if so, to regulate pricing and order refunds for overcharges to ratepayers.
		With a modest $175 million budget and 1,200 employees, FERC is responsible for overseeing a $250 billion electricity industry, which puts the agency in charge of regulating pricing for about 73 percent of the electricity used in the United States.
		FERC's five-member governing board is selected by the president and consists of five commissioners, all of whom serve staggered five-year terms.
	www.pbs.org /wgbh/pages/frontline/shows/blackout/regulation/ferc.html (1337 words)

	Metcalf Institute Environment Writer Article November 2002
		FERC licenses power plants, oil and gas pipelines, interstate power lines, hydroelectric dams, and other energy infrastructure which often has significant impact on the environment.
		FERC soon found companies asking for their records to be taken out of the public domain.
		FERC followed its initial policy statement with a January 16, 2002 "Notice of Inquiry," saying it was considering revising its rules to put CEII off the record and soliciting opinion from interested parties on the implications.
	www.environmentwriter.org /resources/articles/1102_ferc.htm (1349 words)

	FERC Articles
		In an order issued late Tuesday, FERC pointed out that the court has already issued a restraining order that prohibits the commission from requiring Calpine to honor its power contracts with California.
		FERC said the comments would help it assist the bankruptcy court in scrutinizing the impact that rejection of the contracts would have on consumers.
		State officials, who petitioned FERC to require Calpine to continue supplying power under its power purchase agreements, already argued in their filings that allowing Calpine to reject the power contracts would leave consumers with higher electricity costs and threaten the stability of California electricity markets and undermine the reliability of the power grid this summer.
	www.pulp.tc /html/ferc_articles_0.html (550 words)

	Senator Feinstein Pushes for Additional FERC Authority to Ensure Just and Reasonalbe Prices
		FERC needs additional authority to issue electricity refunds for all times, not just after the Commission has initiated an investigation under Section 206 of the Federal Power Act.
		FERC would be given sufficient authority to review mergers and acquisitions that involve generation facilities.
		Additionally, Senator Feinstein is also concerned that FERC does not have that needed authority to regulate transactions and agreements among holding companies and their subsidiaries or between affiliated companies.
	feinstein.senate.gov /releases01/ferc726.html (442 words)

	Feinstein Calls on FERC to End Enron's Abuse of California Ratepayers (Site not responding. Last check: 2007-11-01)
		I continue to be outraged by FERC's inaction to resolve the Western Energy Crisis, particularly as it relates to Enron.
		It is well past time for FERC to take strong action to prove to my constituents, and all who were affected by the Western Energy Crisis, that FERC will protect ratepayers, not the companies that intentionally caused the lights to go out in the West.
		FERC can no longer ignore the evidence-it is time for FERC to revoke Enron's market-based rate authority as of January 1, 2000.
	www.senate.gov /member/ca/feinstein/general/04Releases/r-ferc-enron-ltr1.htm (568 words)

	Senator Feinstein Calls on FERC Chairman to Act Aggressively Against Energy Profiteers
		Commenting separately on FERC's May decision ordering the State of California to pay Enron and other energy companies $270 million in refunds stemming from the State's efforts to stabilize the energy market during the 2000-2001 crisis, Senator Feinstein expressed outrage at the ruling.
		Opponents of language proposed by myself and Senator Cantwell to increase FERC's authority under the Federal Power Act to prevent this type of manipulation from occurring have always argued that FERC has sufficient authority to prohibit fraud and manipulation of market-based power and transmission transactions.
		FERC's inaction is deeply troubling to me in light of all the transcripts that have been released.
	feinstein.senate.gov /04Releases/r-ferc-enron-ltr.htm (507 words)

	FERC Articles
		State regulators and legislators agree with FERC that more transmission lines must be built, but if building is driven by market forces, consumers in a sparsely populated state like New Mexico may end up with higher rates, said PRC Chairman Tony Schaefer.
		Despite state opposition, FERC's plan for large-scale transmission organizations appears likely to prevail in the long term, said Commissioner Rory McMinn after attending a weeklong FERC meeting in Washington, D.C. "Regional transmission organizations will go ahead whether we leave our heel prints in I-40 all the way to D.C. to protest them," McMinn said.
		He said the bill gives FERC the power to act as "an extremely minimal backstop" to ensure enough transmission lines are built to ensure supplies meet demand.
	www.pulp.tc /html/ferc_articles_41.html (906 words)

	Calif. accuses FERC of ignoring court on refunds (Site not responding. Last check: 2007-11-01)
		California said that FERC failed to heed a 2002 ruling from that court requiring it to allow the state to submit new evidence of manipulation after it closed the case record.
		FERC in March 2003 upped the refund amount to about $3.3 billion from the $1.8 billion an agency judge awarded to California in 2002.
		FERC countered that it has exacted millions of dollars from dozens of energy firms to settle manipulation charges.
	www.electricityforum.com /news/apr04/califrefund.html (452 words)

	Consumers Union Calls On FERC To Impose Cost-Based Electricity Rates For Western U.S.
		In a petition filed with FERC, the consumer group maintained that the action is necessary because the agency's limited efforts to address the western electricity crisis have failed to provide meaningful relief to consumers who are suffering from exorbitant energy prices.
		Last November, FERC concluded that electricity rates in California were unjust and unreasonable, but has taken only limited steps to police market abuses.
		FERC is widely expected to extend the terms of the order to cover electricity 24 hours a day in all of the western states.
	www.consumersunion.org /telecom/fercpr601.htm (904 words)

	The Energy Crisis / Time for FERC to flex its muscle
		Despite this evidence, a sequence of FERC investigations and the startling revelations from Enron's lawyers about the corporation's system for bilking California, the federal regulators refused to act on California's demand for refunds.
		The U.S. General Accounting Office declared that FERC, which approved the structure of California's deregulated market in 1996, "is not adequately performing the oversight that is needed to ensure that the prices produced by these markets are just and reasonable." FERC Chairman Pat Wood agreed.
		FERC will soon lift the veil for once and all on what really happened to California during the energy crisis.
	www.sfgate.com /cgi-bin/article.cgi?file=/c/a/2003/03/26/ED146488.DTL&type=printable (736 words)

	FERC Has Authority to Require Invasive Species Monitoring Plans
		In its denial, FERC admitted that the land slated for removal may not be necessary, but also stated that more information was needed before a decision could be made.
		In reviewing a FERC licensing decision, the courts are held to the commonly employed “arbitrary and capricious” standard.
		Thus, FERC’s decision was an acceptable interpretation of the statute at issue, and was not in conflict with previous license decisions.
	www.olemiss.edu /orgs/SGLC/National/SandBar/4.2ferc.htm (838 words)

	SignOnSanDiego.com > News > Special Reports > California's Power Crisis -- For a watchdog, FERC has little ...
		FERC did not dispute the main findings of the investigation, which was requested by congressional critics of the agency in April 2001, and said it was taking steps to remedy them.
		FERC is relying too heavily on the formation of "regional transmission organizations," which bring together several states in a common power grid, "to serve as the front-line monitors for the new markets." Formation of the organizations might take several more years.
		Wood became FERC chairman in September 2001, vowing to strengthen the agency's watchdog role.
	www.signonsandiego.com /news/reports/power/20020619-9999_1n19ferc.html (774 words)

	Summary of Key FERC-Related Provisions of the Energy Policy Act of 2005
		FERC cannot assess a penalty under this section for actions that occurred more than three years prior to the date of the receipt of a notice that a violation has occurred, absent a showing of fraud.
		FERC cannot deny an application solely on the basis that the terminal will be used only by the applicant or an affiliate, or regulate the usage, rates, or terms of a contract regarding the use of the LNG terminal.
		The Act also provides for FERC to have the authority to form Regional Advisory Bodies to oversee the EROs and electric reliability generally upon petition by a two-thirds of the states within a region whose electric demand is at least 50% served from that region.
	www.gtlaw.com /pub/alerts/2005/0803.asp (3065 words)

	Statement of Senator Dianne Feinstein on the FERC 'Price Mitigation' Order (Site not responding. Last check: 2007-11-01)
		It is also very important that FERC has acknowledged that natural gas prices, which had been dramatically higher in California than elsewhere in the country, were a major factor in the high electricity costs.
		Had FERC put ideology aside and issued this order last year, it could have saved Californians billions of dollars and prevented a massive transfer of wealth from California into the coffers of the electricity generators and marketers.
		For that reason, FERC needs to closely monitor the situation and ensure that generators are accountable for the prices they set.
	www.senate.gov /~feinstein/releases01/ferc_order.html (442 words)

	The Herald News - FERC doles out LNG info (Site not responding. Last check: 2007-11-01)
		While Alfred Lima recently received the critical energy infrastructure information, a FERC spokeswoman said Friday she is unsure whether the information has been sent to Michael Miozza, and suggested there is a chance he might not receive the CEII, at least, for a while.
		FERC has said it made "redactions" to one of the reports, which relates to specific ways to attack an LNG tanker.
		In FERC’s letter to Lambert denying the request, there was no mention of his Sept. 10 letter to the commission in which the mayor said he would conceivably sign a limited nondisclosure agreement to gain access to the information.
	www.heraldnews.com /site/news.cfm?newsid=13852191&BRD=1710&PAG=461&dept_id=99784&rfi=6 (777 words)

	NW Energy Coalition Report, October 2002 (Site not responding. Last check: 2007-11-01)
		FERC's SMD proposes setting up regional, independent organizations to manage the nation's power grid, an approach that would prevent local utilities who now own transmission from controlling which power marketers get access to the lines.
		FERC has been trying to reduce utilities' proprietary control over transmission for the last decade.
		FERC also, however, reserved the right to require changes down the road.
	www.nwenergy.org /publications/report/02_oct/rp_0210_6.html (646 words)

	EH.Net Encyclopedia: Manufactured and Natural Gas Industry
		Beginning in the mid-1980s, a number of FERC Orders culminating in Order 636 (and amendments) transformed interstate pipelines into virtual common carriers.
		FERC continued to regulate the gas pipelines' transportation function.
		While it is the most clean burning of all fossil fuels, it exists in limited supply.
	www.eh.net /encyclopedia/article/castaneda.gas.industry.us (2976 words)

	OMB Watch - FERC's Final CEII Rule
		FERC began this process in response to the terrorist acts committed on September 11, 2001, and published its Notice of Proposed Rulemaking on September 13, 2002, to obtain public comments.
		FERC notes that proposed facilities, as well as projects or portions of projects, are explicitly covered by the new rule.
		FERC claims that only information that would not be available to anyone under the Freedom of Information Act (FOIA) can qualify for CEII status.
	www.ombwatch.org /article/articleview/1369/1/167?TopicID=2 (639 words)

	The Herald News - Group sues FERC over LNG info (Site not responding. Last check: 2007-11-01)
		For FERC even to consider releasing CEII information, a person must first sign a nondisclosure agreement in which he or she promises not to disclose the CEII to another individual unless that person is an approved recipient of the same CEII.
		FERC spokeswoman Tamara Young-Allen said she could not comment on the lawsuit, but said the Center for Public Integrity’s report "is totally slanted."
		Lambert is still waiting to hear back from FERC regarding a Sept. 10 letter where he said he would conceivably sign a limited nondisclosure agreement to gain access to the Hess LNG commissioned reports.
	www.heraldnews.com /site/news.cfm?newsid=13510799&BRD=1710&PAG=461&dept_id=99784&rfi=6 (709 words)

	FERC Report on California Refunds: A Move Toward Regulatory Certainty (Site not responding. Last check: 2007-11-01)
		One thing that FERC staff did was analyze such behaviors, by Enron and others, on the basis of rules included in ISO and PX tariffs.
		FERC staff recommend that some companies should substantiate the integrity of their bidding.
		The care that FERC staff took in establishing a refund rule that preserved the scarcity rent component of prices should indicate the prospect for investment-friendly regulatory certainty.
	www.rppi.org /fercreport.html (2078 words)

	The Spokesman-Review.com
		FERC makes a breezy claim that its control of a nationwide electricity market wouldn't damage low-cost regions like ours.
		FERC also claims utilities in regions like ours could keep prices low by locking up the region's power in long-term contracts.
		FERC ought to back off, and let the Northwest reform its unique power market in ways that make sense here and will preserve the all-too-rare asset of low-cost electricity.
	www.spokesmanreview.com /news-story.asp?date=081202&ID=s1197753 (689 words)

	FERC steps up moves aimed at power crisis - 4/19/2001 - Purchasing
		Commenting on the steps to increase supplies, FERC cautions that they "will not solve the electricity crisis facing California and other areas of the West and will not prevent electricity flouts in the summer of 2001" because the states have primary jurisdiction over licensing new generating and transmission.
		FERC finds that the two suppliers might have violated the Federal Power Act by inflating prices and compromising the reliability of California's transmission network.
		In addition FERC promised internal action to speed up applications for new gas pipeline capacity and urged all FERC -licensed hydroelectric generators to propose efficiency modifications that could boost their power output.
	www.purchasing.com /article/CA71886.html (446 words)

	96 FERC Missed Clues to Enron Activities, says Senate Panel, Environmental News Network
		But FERC "has yet to prove that it is up to the challenge of proactively overseeing changing markets," the Senate panel's report said.
		FERC staff prepared an analysis of Enron OnLine in August 2001 that found the trading platform gave a competitive advantage to Enron's own traders by reducing their transaction costs and allowing them to see details about individual trades while competitors could see only bid and asked prices.
		The Senate report said FERC was slow to investigate the cash management practices of Enron, which regularly borrowed cash from its subsidiaries at the end of each day.
	www.bluefish.org /missclue.htm (773 words)

	Stephen Moore on FERC and Electric Power Deregulation on NRO Financial
		FERC is now trying to accomplish its power grab through rule-making proposals, court filings, and other means of regulatory fiat.
		FERC wants to force local power utilities to join regional transmission organizations (RTOs), which would effectively prevent them from providing a first right of service to the very customers who paid for the power plants and transmission lines in the first place.
		If FERC continues with this model, it may not be long before its phony “deregulation” scam brings the California crisis to the rest of the nation.
	www.nationalreview.com /moore/moore200410121015.asp (1036 words)

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