FERC Reaffirms Standards of Conduct for Transmission Providers, Grants Rehearing on Certain Provisions

Summary

The Federal Energy Regulatory Commission (FERC) has reaffirmed its determinations in Order No. 717, but granted rehearing on and clarified certain provisions, aiming to make the Standards of Conduct clearer and more focused on areas of potential abuse. The order addresses requests for rehearing and clarification on various issues related to transmission owners, marketing affiliate transactions, and asset management agreements.