Platts Energy Podium: US FERC's Kelly Touts Commission Authority, Discusses Enforcement

U.S. Newswire, November, 2007

To: POLITICAL EDITORS

Contact: Shiona Ramage Platts-UK 44 20 7176 6153 shiona_ramage@platts.com Casey Yew Platts-Asia 65 653 06552 casey_yew@platts.com Kathleen Tanzy 212-904-2860 Kathleen_Tanzy@platts.com

WASHINGTON, Nov. 27 /PRNewswire-USNewswire/ -- In a wide-ranging session with reporters today, Commissioner Suedeen Kelly of the US Federal Energy Regulatory Commission (FERC) endorsed commission oversight of gas markets and renewable energy standards. Addressing a Platts Energy Podium newsmaker event in Washington, the commissioner also maintained that FERC's penalty regime was more complicated than those of other regulatory agencies.

Levying penalties on natural gas and power companies that flout FERC rules is a far more complicated process than assessing...

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