WebDec 6, 2024 · The beauty of the FERC Chart of Accounts is simplicity and consistency. Get a copy and see how. The simplicity is shown in these areas: 1. The FERC USOA uses a simple 3-digit account number. 2. It … WebRate Case Training 3 13 Operations & Maintenance Expense O&M expense, as referenced in the FERC USOA, includes: Power production expenses Transmission expenses …
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Introduction. The Federal Energy Regulatory Commission (FERC) is a federal agency tasked with regulating interstate transmission of electricity, natural gas, and oil. In the electricity sector, FERC regulates interstate wholesale electricity transactions, sets reliability standards for the bulk power system, and licenses … See more FERC only regulates wholesale electricity transactions that cross state lines. As discussed in “US Electricity Markets 101,” regions differ with respect to electricity regulation. Some … See more FERC also regulates electricity reliability under section 215 of the Federal Power Act. The North American Electric Reliability Corporation (NERC), a nonprofit organization, is … See more While much of FERC’s regulatory power over electricity is limited to interstate wholesale electricity sales, the agency’s actions indirectly affect several components of the bulk power system. For example, FERC does … See more WebDec 17, 2024 · On December 16, 2024, in Docket No. RM20-16-000, FERC issued an order regarding managing transmission line ratings. The order revises both the pro forma Open Access Transmission Tariff and the Commission’s regulations under the Federal Power Act to improve the accuracy and transparency of electric transmission line ratings. … WebMar 9, 2024 · As major corporations look to buy carbon credits to offset emissions, critics are questioning the value of “legacy” credits from green projects that are a decade or more old. What’s needed, experts say, is to … dr mae jemison nasa