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Jac Londe

Electricity FERC - 10 views

www.eia.doe.gov/...ferc.html

FERC ORO NERC

shared by Jac Londe on 02 Oct 10 - No Cached
  • Regulatory Changes by the Federal Energy Regulatory Commission
  • FERC Orders 888 and 889
  • On April 24, 1996, FERC issued Orders 888 and 889, which encourage wholesale competition.  The primary objective of these orders is the elimination of monopoly power over the transmission of electricity.  To achieve this objective, FERC requires all public utilities that own, control, or operate facilities used for transmitting electric energy in interstate commerce to: file open access nondiscriminatory transmission tariffs containing minimum terms and conditions, take transmission service (including ancillary services) for their own new wholesale sales and purchases of electricity under open access tariffs, develop and maintain a same-time information system that will give existing and potential  users the same access to transmission information that the public utility enjoys, and separate the transmission from generating and marketing functions and communications.
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  • Recovery of stranded costs is perhaps the most contentious issue confronting regulators in promoting competition.  Stranded costs (or assets) are costs that have been prudently incurred by utilities to serve their customers but cannot be recovered if the consumers choose other electricity suppliers. One study has estimated current stranded assets at $88 billion, and estimates of projected stranded costs range from $10 billion to $500 billion. In its Order 888, FERC reaffirmed "that the recovery of legitimate, prudent and verifiable stranded costs should be allowed." FERC's directive is grounded in the belief that the recovery of stranded costs "is critical to the successful transition of the electricity industry to a competitive, open-access environment." For this purpose, direct assignment of costs to departing customers was selected as the appropriate method for recovery of stranded costs.
Ed Webb

Dickinson College - Dickinson's 'Manhattan Project' - 14 views

www.dickinson.edu/...0%98Manhattan-Project%E2%80%99

dickinson environment sustainability education

shared by Ed Webb on 04 May 10 - Cached
  • Gil Sperling ’77, senior advisor for policy and programs at the U.S. Department of Energy, noted the urgency of creating a curriculum steeped in sustainability theory and practice. “We need to create incentives for teachers to take risks,” he said. “We’re at a tipping point [with climate change]. We do not have the luxury of open-ended debate. I've had 30 years [to work on this issue.] The kids graduating today don’t have that luxury.”
  • “Green as a simple concept has a short life, and society is evolving to see sustainability as a complex set of relationships,” said Thom Wallace ’99, communications director for the National Congress of American Indians. “Dickinson is really at the forefront of charting and understanding the complexities of sustainability.”
  • Rick Shangraw ’81, vice president for research and economic affairs at Arizona State University, noted that Dickinson is in an ideal position to shape national discourse. “We should spend time discussing the meaning of sustainability,” he said. “We can be a leader in defining it.”
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  • Watch the Sustainability Symposium video or read Dickinson Magazine’s sustainability issue.
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