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WASHINGTON, DC--The U.S. Federal Energy Regulatory Commission (FERC) will put its plan to remodel the nation's electricity transmission grid on hold until Congress acts on its sweeping energy bill, FERC chairman Pat Wood announced May 14.
FERC's standard market design (SMD) incited a wave of resistance from Southeast and Western states, who saw SMD as an infringement on matters best left to the states. The Senate energy bill, if passed in its. current form, would bar FERC from …