Regulatory Commission (FERC) to approve a set of market-based rates for short-term firm transportation, interruptible transportation, temporary capacity release, and storage services (Docket No. RP95-408). The FERC accepted the filing, while suspending Columbia's tariff proposals and deferring consideration of market rates for the transportation and capacity-release services until it concludes a generic investigation of noncost-based pipeline rate issues (Docket No. RM95-6). The FERC noted, however, that market-based rates for storage service are appropriate where a pipeline lacks market power. Finding that Columbia had failed in the past to establish a lack of market power for storage, the FERC gave the pipeline 30 days to clarify its proposal. tLori A. Burkhart is an associate legal editor of PUBLIC UTILITIES FORTNIGHTLY.
Articles found on this page are available to Internet subscribers only. For more information about obtaining a username and password, please call our Customer Service Department at 1-800-368-5001.