Yes. The Federal Energy Regulatory Commission has exclusive jurisdiction (outside of Texas) on two important components of most people's power bills:Are you sure about this? State regulation, yes, certainly, but I don't see any federal regulation of utility charges. Federal policy has been to discourage regulation of utility charges, hasn't it? This is what allowed for the mess in California when state "deregulation" was mismanaged.
- Transmission charges. Although a small component of the total bill, states are required to allow utilities to include federally approved transmission charges into retail rates (because the transmission system is interstate commerce).
- Wholesale power prices.
- All transactions in the markets operated by the Regional Transmission Operators are exclusively FERC-jurisdictional; these cover all of the U.S. except for the southeast (from Tennessee southeast-ward), and the west (defined as anything west of the Dakotas/Montana border) except California and bits of Nevada.
- All long-term wholesale contracts
- All transactions on the Intercontinental Exchange (ICE) and other power exchanges, unless those are regulated by a different federal agency, the CFTC.
In the old days, certain thermal plants would be left burning (due to the costs of startup / shutdown) with the electrical generators disconnected and the energy going to waste heat. Are you saying we've managed to stop doing that? If so, good. [/QUOTE]
Those were indeed the "old days". I'm quite certain that nothing like that has happened in the U.S. in the past decade, outside of emergency conditions. Why? Lots of new gas-fired turbines (which can cycle fairly easily) added as mid-merit units, plus newer coal units have more flexible operating characteristics. Also, some of the oldest/less-efficient nukes were retired (e.g. Maine Yankee, Connecticut Yankee), removing inflexible units from the bottom of the dispatch stack.In the old days, certain thermal plants would be left burning (due to the costs of startup / shutdown) with the electrical generators disconnected and the energy going to waste heat. Are you saying we've managed to stop doing that? If so, good.