FERC's New England Electricity Pricing Affirmed

Law360, New York (March 28, 2008, 12:00 AM EDT) -- A federal appellate court has upheld most of a U.S. Federal Energy Regulatory Commission ruling that set electricity fees for the forward capacity market in New England, rejecting appeals from the Maine Public Utilities Commission and attorneys general of Connecticut and Massachusetts.

The U.S. Court of Appeals for the District of Columbia Circuit ruled Friday that FERC’s approval of a settlement between the New England Independent System Operator (ISO-NE), which oversees the region’s electricity transmission system, and several generators was not arbitrary or capricious as MPUC...
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