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New Funding Authority For Water Infrastructure Moves Forward In Senate
After the hearings, Don Santa, president and CEO of INGAA, urged the FERC to take prompt action to address the deficiencies in current electric power market rules that create unnecessary and avoidable risks to electric power reliability. “We recognize that many see the problem as one of insufficient pipeline capacity. While we agree that pipeline capacity expansion in some regions is necessary, it is important to clarify that the root cause of the problem is a structural flaw in the deregulated wholesale electric power markets. These markets fail to compensate for electric reliability, regardless of what fuel the generator uses to create electricity. This, in turn, discourages electric generators from holding firm pipeline capacity, a prerequisite for natural gas pipeline expansion."