Legal & Regulatory

Competition in power generation fosters technical innovation, cleaner power plants, and downward pressure on prices. Before the 1980s, such competition was almost nonexistent: vertically integrated utilities built and operated the vast majority of U.S. plants with oversight by state regulators. The Public Utility Regulatory Policies Act of 1978 and the Energy Policy Act of 1992 […]

  The U.S. needs to add 600 to 800 billion cubic feet (Bcf) of natural gas storage capacity ASAP. Independent storage providers (ISPs) are the entities best equipped to build this needed infrastructure, but they continue to be restrained by anachronistic regulatory policies. The Federal Energy Regulatory Commission’s (FERC’s) December 2005 rule-making to modify its […]