FERC Agenda Reflects 636 Success
✍ Scribed by Willett, Robert E.
- Book ID
- 102219939
- Publisher
- John Wiley and Sons
- Year
- 2008
- Weight
- 185 KB
- Volume
- 10
- Category
- Article
- ISSN
- 0743-5665
No coin nor oath required. For personal study only.
✦ Synopsis
ecause the winter was not that of our discontent, FERC, heavens be praised, has not announced the necessity to rework large portions of Order 636. But then, the courts have notyet ruled on it. (Even thty may be mercifulsee Henke's article in this issue.) In the coming year, many important issues that the Commission willfaceareadjtlstments of Order636 or other issues that are not part of the central core of the Order. At a meeting in Houston in late Febniary, Jay P. Lukem, senior vice president ofplanning and rates at Transco, named the issues he thought the Commission would consider.
Capacity Release Responsibility May Be Adjusted
Lukens: Capacity release transactions are handled through the pipeline, with their maximum rates capped in the capacity-release market.
If you read the text of 636, where they supported that decision, it's the first time in my experience when regulation of a market was justified by the fact that there were too many potential sellers and too great of an opportunity for product diversity. Those are normally things that regulators want to encourage.