Public Utilities Fortnightly publishes Principal John Morris’ article on FERC market-based screens.

In its July 2005 issue, Public Utilities Fortnightly published FERC MBR Screens: The Good, the Bad, and the Ugly,” by EI Principal John Morris. In the article, Dr. Morris praises the Federal Energy Regulatory Commission (FERC) for incorporating native load obligations in its new market power screens for applications for market-based rates. The new Wholesale Market Share Analysis, however, is designed so that traditional utilities without significant amount of hydroelectric generation fail the screen regardless of whether the applicant actually possesses market power. Dr. Morris urges that FERC revise its new screen so that it more accurately examines the market power issues.