The Federal Energy Regulatory Commission’s (FERC’s) latest reform to the electric transmission market, Order 1000, has stunned most market participants.The mandatory elimination of incumbent right of first refusal (ROFR) under Order 1000 is of particular focus for the industry. On May 28, more than 30 utilities, trade associations and state commissions filed legal briefs with the U.S. Court of Appeals in Washington, D.C., asserting that FERC is overstepping its jurisdiction. The ...
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