A broad-ranging law designed to reduce U.S. dependence on imported oil, it includes several programs that deal with alternative-transportation fuels. EPAct accelerated the AFVÂ purchase requirements by federal agency and specified state government and alternative-fuel provider fleets.
This legislation creates a new class of power generators, exempt wholesale generators, that are exempt from the provisions of the Public Holding Company Act of 1935 and grants the authority to the Federal Energy Regulatory Commission to order and condition access by eligible parties to the interconnected transmission grid.
Comprehensive federal legislation enacted in 1992, resulting in fundamental changes in the electric utility industry by promoting competition in wholesale electricity markets. Title VII of the Act makes it easier for non-utility power producers to participate in the electric generation market by exempting them from the restrictions of the Public Utility Holding Company Act of 1935 (PUHCA). EPAct also authorized the Federal Energy Regulatory Commission (FERC) to order utilities to provide open access to their transmission lines to other utilities, non-utility generators and other electricity wholesalers. In April 1996, FERC promulgated Orders 888 and 889, which implemented EPAct's open access provisions.
(P.L. 102-486) A broad-ranging act signed into law on Oct. 24, 1992. Titles III, IV, V, XV and XIX of EPACT deal with alternative transportation fuels. EPACT accelerates the purchase requirements for AFVs by the federal fleet, proposes eliminating the cap on CAFE credits that manufacturers can earn by producing dual- and flexible-fuel vehicles and requires fleets in large urban areas to purchase AFVs. Establishes tax incentives for purchasing AFVs, converting conventional gasoline vehicles to operate on alternative fuels and installing refueling or recharging facilities by the private sector.
A federal law designed to open the United States electric industry into a competitive marketplace by removing barriers that were set by another law, the Public Utilities Holding Company Act of 1935.
The federal law that, among other things, initiated the creation of the competitive wholesale power market.
A federal statute that, among other things, established additional forms of non-utility generators. It also permitted non-generator-owning municipalities to purchase wholesale electricity, thus opening the door to municipalization.
A comprehensive legislative package that mandates and encourages energy efficiency standards, alternative fuel use, and the development of renewable energy technologies. Public Law 102-486, October 24th, 1992. Also authorized the Federal Energy Regulatory Commission (FERC) to order the owners of electric power transmission lines to transmit or "wheel" power for power generators including electric utilities, federal power marketing authorities, and exempt wholesale generators.
This act which was the first comprehensive federal energy law promulgated in more than a decade will help create a more competitive U.S. electric power marketplace by removing barriers to competition. By doing so, this act allows a broad spectrum of independent energy producers to compete in wholesale electric power markets. The act also made significant changes in the way power transmission grids are regulated. Specifically, the law gives the Federal Energy Regulatory Commission the authority to order electric utilities to provide access to their transmission facilities to other power suppliers.
Amends PUHCA to create a new class of independent power producers called exempt wholesale generators (EWGs) that are exempt from PUHCA. EPACT is designated to encourage competition in energy markets by significantly expanding the authority of FERC to order transmission access. It also makes it easier for utilities to operate unregulated subsidiaries that sell power to other utilities and industrial customers anywhere in the U. S. and even abroad. Profits from such sales are unregulated.
The Energy Policy Act is a United States government act. Among the provisions is Section 801, which directs the Environmental Protection Agency to promulgate radiation protection standards for the Yucca Mountain repository. The Yucca Mountain site has been designated by the Federal government to serve as the permanent disposal site for used nuclear fuel and other radioactive materials from commercial nuclear power plants and U.S.