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FERC Revises Power Grid Access Rule

Law360 (February 16, 2007, 12:00 AM EST) -- In a move geared toward enhancing transparency and putting an end to anti-competitive conduct by electricity companies that control power transmission, the U.S. Federal Energy Regulatory Commission has modified a rule introduced in 1996 to bolster competition in the wholesale power market.

Thursday, FERC adopted a new final rule, entitled “Preventing Undue Discrimination and Preference in Transmission Service,” which modifies the open access transmission regulatory framework that’s existed since for more than decade.

The open access transmission tariff, or OATT, sought to foment competition among electricity...
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