FERC Orders 888 and 889
To protect and promote generation competition and also enforce fair treatment of external users of the transmission system, FERC issued Order 888 and Order 889 on April 24, 1996. The EPAct of 1992 was the beginning of electric deregulation in North America, but Orders 888 and 889 marked the point where the trading of electricity gained a firm foothold.
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Famous quotes containing the word orders:
“Selflessness is like waiting in a hospital
In a badly-fitting suit on a cold wet morning.
Selfishness is like listening to good jazz
With drinks for further orders and a huge fire.”
—Philip Larkin (1922–1986)