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Article: Regulators to get tough on utilities
- Article from:
- Oakland Tribune
- Article date:
- January 8, 2004
- Author:
CopyrightCopyright 2004 Oakland Tribune. Provided by ProQuest LLC. (Hide copyright information)
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WASHINGTON -- The top federal energy regulator said Wednesday that
even without congressional backing he plans to force electric
utilities to meet delivery standards in hopes of preventing a repeat
of last summer's devastating blackout.
Pat Wood, chairman of the Federal Energy Regulatory Commission,
said the agency could act even if Congress fails to pass an energy
bill that includes mandatory reliability standards and penalties for
violators.
Congress has given the commission an extra $5 million, which Wood
said would pay for closer monitoring of electric utilities. The
agency is setting up a reliability division and plans tolook at what