FERC Blasts PG&E Bid To Block Authority Over Power Deals - Law360

FERC Blasts PG&E Bid To Block Authority Over Power Deals - Law360: The Federal Energy Regulatory Commission has ripped Pacific Gas & Electric Co.'s efforts to block it from having a say over whether the utility can ditch power purchase agreements in Chapter 11, arguing that such a move would upend FERC's longstanding obligation to regulate wholesale electricity contracts.