Ferc Electric Proposal Hearings Before the Committee On Energy And Natural Res
Ferc Electric Proposal Hearings Before the Committee On Energy And Natural Res
United States Congress Senate Committee On Ener
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We believe that the reasons for exempting qualifying cogeneration facilities from the restrictions of the Holding Company Act are equally applicable to utility-owned IPPs. Therefore, we believe that, in conjunction with the regula-tory 426 -52- initiatives being considered at FERC, the Senate and the House should initiate legislation to permit regulated holding company systems to participate in the IPP market. 427 -53- 9) CONCLUSION S There are a number of all important questions to be resolved... before we can move forward with an all source competitive, economically efficient system. The impending FERC regulatory changes will have far reaching implications, and the Companies believe that an honest and open dialogue and consensus between all interested parties is essential to arrive at the ultimate goal of reliable, energy secure, and least-cost electric supply for the enduring benefit of this nation's electric energy consumers . NU believes that IPPs can be developed under the present regulatory framework and be competitive.
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