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Concessions are not enough to save SMD.(Federal Energy Regulatory Commission's standard market design)(Brief Article)
WASHINGTON, DC -- Despite concessions to states that viewed the Federal Energy Regulatory Commission's (FERC) standard market design (SMD) proposal as a power grab, the Senate Committee on Energy and Natural Resources slammed the door on the revised proposal when it approved its version of a comprehensive energy bill April 30.
Legislation proposed by Sen. Pete Domenici (R-NM), the panel's chairman, would bar FERC from finalizing any related plan until July 2005.
FERC on April 28 issued a "white paper" that made major concessions to bring objecting states on board, particularly those in the Southeast and West. The revised plan would have given each region wide latitude in tailoring its transmission network operations.
Domenici told reporters that the white paper "was not clear enough to be helpful" and raised more concerns than it allayed.
"I am straightforward about the fact that the committee is divided largely along regional lines on electricity.... The experience ...
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