Watching Government: Open markets

02/25/2002
As policy-makers look to avoid another Enron Corp. mess, the regulatory spotlight could turn toward improving energy market transparency.Regulators say gas and electric markets continued to function despite Enron's financial woes. But to ensure that fair and effective wholesale competition continues, Federal Energy Regulatory Commission Chairman Pat Wood Feb. 13 urged a House Energy and Commerce subcommittee to move forward with legislation that clarifies the commission's authority over utility participation in regional transmission organizations (RTOs). FERC also wants greater disclosure and transparency of market information in the still-emerging competitive electricity and gas ...
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