Open Access Same-Time Information System - FERC Orders 888 and 889

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:

    Punishment may make us obey the orders we are given, but at best it will only teach an obedience to authority, not a self-control which enhances our self-respect.
    Bruno Bettelheim (20th century)