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Basic Practice Series: FERC (Federal Energy Regulatory Commission), Second Edition |
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Now completely revised and updated, this volume in the Basic Practice Series concentrates on practical, concise information for the environment law practitioner. Here the focus is on the policies, regulation, and procedures of the Federal Energy Regulatory Commission (FERC). This regulatory agency is increasing in prominence, and more practitioners are finding themselves confronted with FERC matters in their practice.
FERC regulates discrete components of the natural gas, electric utility, hydroelectric, and oil pipeline industries. Together these industries comprise a substantial portion of the economy and infrastructure of the United States. Not a mere spectator or passive referee in the industries it regulates, FERC initiates much of what is colloquially called "deregulation" or, more accurately, "restructuring." FERC's restructuring of the natural gas industry, for example, made pipelines into common carriers, providing open access transportation mostly to third parties. Almost all natural gas is now sold by unregulated or lightly regulated third parties who use pipelines to ship their gas to buyers. Similarly, FERC's restructuring of the electric utility industry sought first to require utilities to provide open access transmission of electricity and now seeks to establish Regional Transmission Organizations.
This overview of the Federal Energy Regulatory Commission's statutes, regulations and rulemakings covers:- The agency's history, structure, and applicable statutes
- Rules of practice and procedure
- Accounting, reporting, and filing requirements
- Rehearing and appellate review
- History of FERC's regulation of the natural gas industry
- Certificates of public convenience and necessity
- Importation of LNG and related facilities
- Ratemaking for natural gas pipelines
- FERC's natural gas restructuring rulemakings
- Natural gas jurisdictional issues
- Regulation of public utilities
- FERC's electric restructuring agenda
- Transfer of facilities and issuance of securities
- Ratemaking under the Federal Power Act
- The Mobile-Sierra Doctrine
- The California electricity crisis
- Hydroelectric regulation
- Regulation of oil pipelines
- FERC's enforcement program
The Basic Practice Series, published by the ABA Section of Environment, Energy, and Resources, provides essential information in an easy-to-use format. Whether you're a new or seasoned environmental practitioner, you'll find these books to be a quick and necessary resource for understanding the legal fundamentals of these areas. As with all books in the series, this volume includes practice-focused appendices including frequently asked questions; a list of key cases with a sentence describing each case; glossary; and bibliography.
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