FERC denies marketer's request to extend transmission service
WASHINGTON, D.C. - The U.S. Federal Energy Regulatory Commission has rejected a power marketer's bid for a one-year rollover of firm transmission agreements expiring December 31.
Although the order effectively agreed with Cargill Power Markets' argument that three transmission providers could not use rollover provisions in FERC Order 890 to deny the service, it found the applicable rate schedule contains no rollover rights.
Under the order, a service agreement must have a minimum five-year term to be eligible for rollover rights, but CPM's complaint against Central Maine Power, NStar Electric and United Illuminating said the service agreements, which have one-year terms, pre-dated that requirement.
While the deals may have pre-dated that requirement, the applicable service schedule did not include any rollover rights, said the order issued December 5. CPM "provided no evidence" to support its assertion that rollover language "was inadvertently omitted," FERC said.
Related News
B.C. Hydro misled regulator: report
VICTORIA - B.C. Hydro misled the province’s independent regulator about an expensive technology program, thereby avoiding scrutiny on how it spent millions of dollars in public money, according to a report by the B.C. Utilities Commission.
The Crown power corporation gave inaccurate testimony to regulators about the software it had chosen, called SAP, for an information technology project that has cost $197 million, said the report.
“The way the SAP decision was made prevented its appropriate scrutiny by B.C. Hydro’s board of directors and the BCUC,” the commission found.
“B.C. Hydro’s CEO and CFO and its (audit and risk management board committee) members…
