Related Research Articles
The Federal Energy Regulatory Commission (FERC) is an independent agency of the United States government that regulates the interstate transmission and wholesale sale of electricity and natural gas and regulates the prices of interstate transport of petroleum by pipeline. FERC also reviews proposals to build interstate natural gas pipelines, natural gas storage projects, and liquefied natural gas (LNG) terminals, in addition to licensing non-federal hydropower projects.
A public utility company is an organization that maintains the infrastructure for a public service. Public utilities are subject to forms of public control and regulation ranging from local community-based groups to statewide government monopolies.
The Electricity Act, 2003 is an Act of the Parliament of India enacted to transform the power sector in India.
The National Electric Power Regulatory Authority is responsible for regulating the electricity supply in Pakistan. It is also responsible for issuing licences for generation, transmission and distribution of electricity, establishing and enforcing standards to ensure quality and safety of operation and supply of electric power to consumers; approving investment and power acquisition programs of utility companies; and determining tariffs for the generation, transmission, and distribution of electric power. NEPRA was created when the Parliament of Pakistan passed the Regulation of Generation, Transmission and Distribution of Electric Power Act, 1997.
The Power Holding Company of Nigeria (PHCN), formerly the National Electric Power Authority (NEPA), was a power company owned by the government of Nigeria. It represented Nigeria in the West African Power Pool. During the era when it operated as NEPA, the company managed a football team, NEPA Lagos.
Kerala State Electricity Board (KSEB) is an Indian public sector undertaking under the Government of Kerala that generates, transmits and distributes electricity in the state. Established in 1957, the agency comes under the authority of the Department of Power. It has been registered under Indian Companies Act 1956 in January 2011.
The electricity sector in Argentina constitutes the third largest power market in Latin America. It relies mostly on thermal generation and hydropower generation (36%). The prevailing natural gas-fired thermal generation is at risk due to the uncertainty about future gas supply.
Delhi Transco Limited (DTL), formerly Delhi Power Supply Company Limited (DPSCL) is the State Transmission Utility for the National Capital Territory of Delhi. It is responsible for the transmission of power at 220 kV and 400 kV level and for upgrading, operating and maintaining the high voltage network.
State Electricity Regulatory Commission was a government agency responsible for the administration and regulation of the electricity and power industry in the People's Republic of China. This includes regulating the development of electricity markets, advising the National Development Reform Commission on the setting tariffs, while NDRC actually sets the tariffs, transmission, distribution, safety standards, technical standards, business licenses, environmental laws and development of the industry. Its functions were later folded into the National Energy Administration.
The Energy Commission, abbreviated ST, is a regulatory body for the energy industry in Peninsular Malaysia and Sabah. The commission was established under the Energy Commission Act 2001. Its key role to ensure that the energy industry is developed in an efficient manner so that Malaysia is ready to meet the new challenges of globalisation and liberalisation, particularly in the energy supply industry.
The United States has the second largest electricity sector in the world, with 4,178 Terawatt-hours of generation in 2023. In 2023 the industry earned $491b in revenue at an average price of $0.127/kWh.
Central Electricity Regulatory Commission (CERC), a key regulator of the power sector in India, is a statutory body functioning with quasi-judicial status under sec – 76 of the Electricity Act 2003. CERC was initially constituted on 24 July 1998 under the Ministry of Power's Electricity Regulatory Commissions Act, 1998 for rationalization of electricity tariffs, transparent policies regarding subsidies, promotion of efficient and environmentally benign policies, and for matters connected Electricity Tariff regulation. CERC was instituted primarily to regulate the tariff of power generating companies owned or controlled by the Government of India, and any other generating company which has a composite scheme for power generation and interstate transmission of energy, including tariffs of generating companies.
Maharashtra Electricity Regulatory Commission (MERC) (http://www.merc.gov.in) is a governing body to control certain regulatory and safety functions in Maharashtra based in Mumbai. It was incorporated under the Electricity Regulatory Commission Act, 1998, of Central Act in August 1999. In 2003, Under Section 82 of the Electricity Act the Commission is continued as regulatory body in state. It was established to promote competition, efficiency and economy in the power sector. It also regulate tariffs of power generation, transmission and distribution in Maharashtra.
The Natural Gas Act of 1938 was the first occurrence of the United States federal government regulating the natural gas industry. It was focused on regulating the rates charged by interstate natural gas transmission companies. In the years prior to the passage of the Act, concern arose about the monopolistic tendencies of the transmission companies and the fact that they were charging higher than competitive prices. The passage of the Act gave the Federal Power Commission (FPC) control over the regulation of interstate natural gas sales. Later on, the FPC was dissolved and became the Federal Energy Regulatory Commission (FERC) pursuant to a different act. FERC continues to regulate the natural gas industry to this day.
Nigerian Electricity Regulatory Commission(NERC) is an independent regulatory body with authority for the regulation of the electric power industry in Nigeria. NERC was formed in 2005 under the Obasanjo administration’s economic reform agenda through the Electric Power Sector Reform Act, 2005 for formation and review of electricity tariffs, transparent policies regarding subsidies, promotion of policies that are efficient and environmentally friendly, and also including forming and enforcing of standards in the creation and use of electricity in Nigeria. NERC was instituted primarily to regulate the tariff of Power Generating companies owned or controlled by the government, and any other generating company which has a licence for power generation and transmission of energy, and distribution of electricity.
Telangana Electricity Regulatory Commission (TGERC) is a governing body to control certain regulatory and safety functions related to the power sector in the Indian state of Telangana.
The Commission for Regulation of Utilities, formerly known as the Commission for Energy Regulation, is Ireland's energy and water economic utility regulator.
The Public Utilities Commission of Sri Lanka is the government entity responsible for policy formulation and regulation of the electric power distribution, water supply, petroleum resources, and other public utilities in Sri Lanka.
Punjab State Electricity Regulatory Commission is an autonomous, statutory and regulatory body constituted for ensuring generation and distribution of electricity in state of Punjab. Punjab Electricity Regulatory Commission is formed as per Constitution of India by notification in official gazette in accordance with Electricity Regulatory Commissions Act, 1998. The commission is vested with legislative and judicial powers to resolve conflicts between license holders of production and distribution of electricity, or consumers and electricity distribution entities and with authority to draft regulations and sub ordinate regulations. The President and other members of State Electricity Regulatory Commission (India) are appointed by Government of Punjab in consultation with the Chief Justice of state High Court.
References
- ↑ "Establishment and incorporation of State Commission | Company Vakil Legal Library". companyvakil.com. Retrieved 2 February 2022.
- ↑ Ranjan, Rakesh (4 May 2021). "Ministry Directs Electricity Regulators to Ensure Timely Issue of Tariff Orders". Mercom India. Retrieved 2 February 2022.
- ↑ "A comparison of renewable energy regulations". Law.asia. 10 December 2021. Retrieved 2 February 2022.
- ↑ "Power Of The State Electricity Regulatory Commission To Review Tariffs Under A Power Purchase Agreement - Energy and Natural Resources - India". mondaq.com. 29 September 2016. Retrieved 2 February 2022.
- ↑ "Functions of State Electricity Regulatory Commission". Advocatetanmoy Law Library. 15 March 2019. Retrieved 2 February 2022.
- ↑ "Government versus regulatory: The Centre must maintain the balance of power". The Financial Express. 11 November 2020. Retrieved 2 February 2022.
- ↑ "State Electricity Regulatory Commissions (SERCs) are a substitute for civil courts and can execute their own orders. Appellate Tribunal and SERCs have the power to issue directions time bound payment: Supreme Court". JSA. 11 October 2021. Retrieved 2 February 2022.
- ↑ "India Code: Section Details". indiacode.nic.in. Retrieved 2 February 2022.
- ↑ "State electricity regulatory commissions may become more autonomous". The Economic Times. 1 May 2014. Retrieved 2 February 2022.
- ↑ "Reforms jolt: Do we need competition in the power sector?". The Financial Express. 31 December 2021. Retrieved 2 February 2022.