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FERC Policy Agenda. Energy Bar Association Washington, D.C. November 4, 2004 Pat Wood III, Chairman Federal Energy Regulatory Commission. FERC Strategic Plan. Reliability initiatives. FERC Reliability Division Operator Training Vegetation management Audits Reactive power Plan B? .
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FERC Policy Agenda Energy Bar Association Washington, D.C. November 4, 2004 Pat Wood III, Chairman Federal Energy Regulatory Commission
Reliability initiatives • FERC Reliability Division • Operator Training • Vegetation management • Audits • Reactive power • Plan B?
Market-based rate standards RTO/ISO monitoring Transparent markets Sec 203 review Market behavior rules OMOI RTO/ISO market power mitigation Electronic Quarterly Reports FERC Audits Codes of conduct Standards of conduct Customer protection through vigilant market oversight CUSTOMER PROTECTION
44 43 39 35 37 34 45 36 40 A 42 17 27 28 8 29 14 B 19 20 9 22 C 33 31 15 18 32 D 1 11 3 5 41 7 6 13 24 10 25 16 23 12 4 26 2 21 46 US Jurisdiction FERC US Coast Guard 30 38 October 2004 *US pipeline approved; LNG terminal pending in Bahamas Facilitating LNG development
Alaska Natural Gas Pipeline Act of 2004 • Rulemaking coming for open seasons • MOU of Coordination with Canada’s NEB
Other current initiatives • RTO handbook • Rate de-pancaking • MBR reviews/rulemaking • Order 2004 compliance • OATT Audits • Entergy issues • Lockyer remand
Upcoming events • Yesterday: CAISO conference on market power mitigation, resource adequacy • 12/1 wind conference in Denver • 12/3 Alaska pipeline hearing in Anchorage • 12/7 MBR technical conference in DC • 12/9 annual review of old hydro cases • 1/6 Conn infrastructure conference #2 in Hartford