
Analysis of Horizontal Market Power under the Federal Power Act Form
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People also ask
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What does FERC mean in accounting?
The Federal Energy Regulatory Commission has established regulatory accounting and financial reporting requirements for its jurisdictional entities in the electric, natural gas, and oil pipeline industries.
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Who regulates electricity in the US?
The Federal Energy Regulatory Commission, or FERC, is an independent agency that regulates the interstate transmission of electricity, natural gas, and oil. FERC also reviews proposals to build liquefied natural gas (LNG) terminals and interstate natural gas pipelines as well as licensing hydropower projects.
-
What is the delivered price test?
The Delivered Price Test requires data regarding generator costs, fuel prices, transmission costs, transmission limits, market prices, and load.
-
What is FERC reporting?
The Federal Energy Regulatory Commission has established regulatory accounting and financial reporting requirements for its jurisdictional entities in the electric, natural gas, and oil pipeline industries.
-
What is FERC compliance?
The Commission regulates over 1,600 non-federal hydroelectric projects in the U.S. FERC staff in the Division of Hydropower Administration and Compliance (DHAC) ensure that regulated entities remain in compliance with the Federal Power Act, FERC regulations, and the terms and conditions of their respective licenses or ...
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Who does FERC report to?
FERC answers to the U.S. Congress. Commissioners and senior staff are routinely called to testify before various committees. FERC's decisions also can be appealed before the federal courts. 7.
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What is the purpose of the FERC?
The Federal Energy Regulatory Commission, or FERC, is an independent agency that regulates the interstate transmission of electricity, natural gas, and oil.
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What is the difference between vertical and horizontal market power?
A vertical market is a market in which vendors offer goods and services specific to an industry, trade, profession, or other group of customers with specialized needs. A horizontal market is a market in which a product or service meets the needs of a wide range of buyers across different sectors of an economy.
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