Summary of FERC Meeting Agenda - February 2012

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In This Issue...

- Administrative Items
- Electric Items
- Gas Items
- Hydro Items

Below are brief summaries of the agenda items for the Federal Energy Regulatory Commission’s February 16, 2012 meeting, pursuant to the agenda as issued on February 9, 2012. Agenda item E-1 has not been summarized as it was omitted from the agenda.

Administrative Items

A-1: (Docket No. AD02-1-000) This administrative item will address Agency Business Matters.

A-2: (Docket No. AD02-7-000) This administrative item will address Customer Matters, Reliability, Security and Market Operations.

Electric Items
E-2: Analysis of Horizontal Market Power Under the Federal Power Act

(Docket No. RM11-14-000)

On March 17, 2011, FERC issued a Notice of Inquiry (“NOI”) regarding whether it should revise its approach for evaluating horizontal market power concerns under Federal Power Act (“FPA”) section 203 to incorporate the Department of Justice’s (“DOJ”) and Federal Trade Commission’s (“FTC”) Horizontal Merger Guidelines issued on August 19, 2010 (“2010 Guidelines”). FERC currently follows the DOJ’s and FTC’s previous Horizontal Merger Guidelines that were issued in 1992. In addition, FERC solicited comments on the impact the 2010 Guidelines should have on FERC’s horizontal market power analysis in its electric market-based rate program. Agenda item E-2 may be an order on the NOI...

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