Power & Pipes

FERC, CFTC, and State Energy Law Developments

In an Order on Complaint issued November 18, the Federal Energy Regulatory Commission (Commission) made it clear that all long-term firm point-to-point transmission service must be provided pursuant to a transaction-specific service agreement. Such transmission service cannot be provided pursuant to an "umbrella" service agreement. The Commission's reiteration of its policy requiring transaction-specific service agreements reaffirms a longstanding requirement originally established in Order No. 888.

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