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Natural Gas What future do you see for natural gas consumption? What do you make of Judge Cudahy’s warnings about our ability to make predictions like this? Is restructuring of the natural gas industry a good idea? What exactly are its benefits? Does everyone benefit from it?
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Natural Gas What future do you see for natural gas consumption? What do you make of Judge Cudahy’s warnings about our ability to make predictions like this? Is restructuring of the natural gas industry a good idea? What exactly are its benefits? Does everyone benefit from it? What were the original purposes of regulation in the first place? Are any of those goals at risk in a restructured natural gas industry?
ELECTRICITY: • History • Terminology GENERATION TRANSMISSION DISTRIBUTION End Users Power Plant LDC Transmission lines Distribution lines
Utility Delivered Fuel Prices for Coal, Petroleum, and Gas, 1988-1998 (1998 Dollars)
GENERATION TRANSMISSION DISTRIBUTION IOU-owned plant Federally-owned plant End Users LDC Transmission lines Distribution lines QF/IPP-owned plant Municipally or REA-owned plant
GENERATION TRANSMISSION DISTRIBUTION Power Marketers IOUs End Users Power Plant Rural Coops Transmission lines Distribution lines State or Municipal Utility Who regulates retail sales by these LDCs?
GENERATION TRANSMISSION DISTRIBUTION Retail Customer Power Plant IOUs • WHOLESALE RATES: • Which sales covered? (Attleboro case; SoCalEd case) Rural Coops Retail Customer State or Municipal Utility Retail Customer
Interconnections of the North American Electric Reliability Council in the Contiguous United States
GENERATION TRANSMISSION DISTRIBUTION Retail Customer Power Plant IOUs • WHOLESALE RATES: • Which sales covered? (Attleboro case; SoCalEd case) • “Just and reasonable” FPC v. Conway Corp. (USSC 1976) • Changed circumstances: SDE&G Rural Coops Retail Customer State or Municipal Utility Retail Customer
North American Electric Reliability Council (NERC) Regions for the Contiguous United States and Alaska
Estimated Average Revenue per Kilowatthour for All Sectors at Electric Utilities by State, 1999