Meeting planned to review FERC structure

The US Federal Energy Regulatory Commission plans a Sept. 19 conference at its headquarters to question industry representatives about how the commission should adjust its rules to reflect the character of the gas industry.


WASHINGTON, DC�The US Federal Energy Regulatory Commission plans a Sept. 19 conference at its headquarters to question industry representatives about how the commission should adjust its rules to reflect the character of the gas industry.

The meeting is an outgrowth of Order 637, which FERC issued in February. The order calls for revising regulatory policies, regulations, and procedures to enhance the efficiency of gas markets.

"As part of the effort to achieve these goals, the commission determined to institute a dialogue between the industry and commission staff so that the staff could achieve a better understanding of industry trends and regulatory changes that better meet the changing character of the industry," said FERC.

The September meeting will discuss how FERC transportation policies have affected the development of gas markets.

A conference on pipeline affiliates is planned for January 2001.

A third meeting in April 2001 will examine the potential need for basic changes to FERC�s regulatory model, such as the use of performance-based rates or two-track regulatory models with different approaches for captive and non-captive customers.

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