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U.S. FERC's Moeller Sees Need For Full Rulemaking On Gas/Electric Coordination

While the commission considers whether a market scheduling rule is needed, it is also looking at updating its code of business practices "to make sure that the right people are talking to each other" during a gas shortage for generators. The legal analysis that would be required to make changes is under way at FERC, Moeller said.

The warm 2011-12 winter in the eastern U.S. "may have masked" the significant challenges posed by gas-electric coordination, he said.

Moeller is serving his second term on the commission. Prior to joining FERC, he headed up the Washington, D.C., office of Alliant Energy and before that worked for Calpine, also in the nation's capital. From 1997 through 2000, Moeller served as an energy policy adviser to U.S. Senator Slade Gorton of Washington.

A recording of the Philip Moeller session is available via podcast at this link: http://www.platts.com/PodcastsDetail/EnergyPodium/2012/September/energypodium18

Sponsored by Platts, a leading global energy, petrochemicals and metals information provider, Platts Energy Podium provides an ongoing forum for prominent newsmakers and the press to address important energy and environmental issues.

Members of the media may receive complementary registration for Platts Energy Podium events by contacting Kathleen Tanzy at 212-904-2860, Kathleen_tanzy@platts.com.  For more information on energy and energy policy, visit the Platts website at www.platts.com.

About Platts : Founded in 1909, Platts is a leading global provider of energy, petrochemicals and metals information and a premier source of benchmark prices for the physical and futures markets.  Platts' news, pricing, analytics, commentary and conferences help customers make better-informed trading and business decisions and help the markets operate with greater transparency and efficiency.  Customers in more than 150 countries benefit from Platts' coverage of the carbon emissions, coal, electricity, oil, natural gas, metals, nuclear power, petrochemical, and shipping markets.  A division of The McGraw-Hill Companies (NYSE: MHP), Platts is headquartered in New York with approximately 900 employees in more than 15 offices worldwide. Additional information is available at http://www.platts.com .

About The McGraw-Hill Companies: McGraw-Hill announced on September 12, 2011, its intention to separate into two companies: McGraw-Hill Financial, a leading provider of content and analytics to global financial markets, and McGraw-Hill Education, a leading education company focused on digital learning and education services worldwide. McGraw-Hill Financial's leading brands include Standard & Poor's Ratings Services, S&P Capital IQ, S&P Dow Jones Indices, Platts energy information services and J.D. Power and Associates. With sales of $6.2 billion in 2011, the Corporation has approximately 23,000 employees across more than 280 offices in 40 countries. Additional information is available at http://www.mcgraw-hill.com/.

CONTACT: Kathleen Tanzy212-904-2860 Kathleen_tanzy@platts.com

SOURCE Platts

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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