Split FERC Floats Overhaul of Utility Power Purchase Regs
A divided Federal Energy Regulatory Commission proposed major changes Thursday in how it implements the Public Utility Regulatory Policies Act, with one commissioner saying the change would “administratively gut the statute” that requires utilities to buy power from small-scale renewable energy producers.
The notice of proposed rulemaking fulfills a priority of FERC Chairman Neil Chatterjee to update the agency’s long-standing policies under PURPA, which is four decades old and has been criticized by many — especially in the utility industry — as being outdated.
Partner Will Keyser commented that PURPA reform has been long in the making. Read his quote and the full article here.
Originally reported by law360.com
