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:
“No man has received from nature the right to give orders to others. Freedom is a gift from heaven, and every individual of the same species has the right to enjoy it as soon as he is in enjoyment of his reason.”
—Denis Diderot (1713–1784)