Washington, DC, U.S.A. and New Delhi, India --- (METERING.COM) --- September 16, 2009 - The United States Federal Energy Regulatory Commission (FERC) and India’s Central Electricity Regulatory Commission (CERC) will share regulatory experiences and practices on a range of activities, including common standards for metering interoperability and the development of smart grids.
In a Memorandum of Understanding concluded between the two organizations, the FERC and CERC agreed to the goal of developing activities aimed at the exchange of information and experiences in areas of mutual interest in the electricity sector. Specific activities must be agreed upon in advance by the two entities and are subject to the approval of funding by both.
Potential activities will include visits by commissioners and staff to each others’ facilities, participation in seminars, and the development of programs of mutual interest.
In addition to metering standards and smart grids, other activities that may be covered include the development and oversight of power markets, regulatory oversight of grid reliability, integration of renewable sources of energy into the electricity grid, regulatory support for energy efficiency, and technical training.
The MOU was signed on behalf of the two organizations by FERC Commissioner Philip Moeller and CERC’s chairman, Pramod Deo, and is effective until June 30, 2010.
“This is a tremendous opportunity to work closely with our counterparts in the world’s largest democracy,” Moeller said. “Sharing information and regulatory experiences can only benefit the work that both commissions do to ensure that consumers enjoy the benefits of competitive markets in our respective countries.”