POWER Magazine•about 2 months ago
How America’s Power Regions Chose Their Futures and How That Has Played Out
Key Takeaway
FERC Order 888 was a pivotal policy that initiated the restructuring of U.S. wholesale electricity markets by mandating open-access transmission, fundamentally shaping regional power landscapes for developers and large consumers.
AI Summary
- •FERC Order 888, issued April 24, 1996, mandated open-access transmission for public utilities, a foundational policy for modern wholesale electricity markets.
- •This regulatory shift aimed to promote competition by ensuring non-utility generators could access interstate transmission facilities.
- •The full article would explore how this order led to diverse market structures and operational outcomes across various U.S. power regions, impacting developers and large loads through evolving market rules and access.
Topics
fercpolicytransmission
Article Content
On April 24, 1996, the Federal Energy Regulatory Commission (FERC) issued Order 888, requiring all public utilities owning or operating interstate transmission facilities to file open-access The post How America’s Power Regions Chose Their Futures and How That Has Played Out appeared first on POWER Magazine .