Electricity Supply:
Regulation of the Changing Electric Industry Under the Public Utility Holding Company Act
T-RCED-92-2: Published: Oct 3, 1991. Publicly Released: Oct 3, 1991.
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GAO discussed the Securities and Exchange Commission's (SEC) administration of the Public Utility Holding Company Act of 1935 (PUHCA), focusing on: (1) industry changes involving electric utility holding companies; (2) the SEC regulatory response to such changes; and (3) the relationship between SEC, the Federal Energy Regulatory Commission (FERC), and states in protecting consumer and investor interests in light of those changes. GAO noted that: (1) the number of exempt electric utility holding companies has increased from 45 to 97, mainly resulting from electric utilities reorganizing and forming parent holding companies for diversification purposes; (2) the number of nonutility subsidiaries of exempt holding companies grew from 113 to 1,040, mainly concentrated in a few states and companies; (3) utility holding companies and other companies have developed independent power producers (IPP) to provide wholesale power to regulated utilities; (4) SEC has continued to rely largely on state utility commissions to regulate exempt holding companies, as provided by the act; (5) SEC has attempted to accommodate IPP development within the confines of PUHCA and facilitated IPP where the law permits; (6) SEC regulates utility acquisitions and certain securities transactions of holding companies, whereas FERC does not directly regulate utility holding companies, but reviews transactions between utilities and affiliated companies; and (7) the extent of states regulation varies in diversification activities and utility transactions involving IPP.
Dec 10, 2020
Uranium Management:
Actions to Mitigate Risks to Domestic Supply Chain Could Be Better Planned and CoordinatedGAO-21-28: Published: Dec 10, 2020. Publicly Released: Dec 10, 2020.
Dec 8, 2020
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Offshore Wind Energy:
Planned Projects May Lead to Construction of New Vessels in the U.S., but Industry Has Made Few Decisions amid UncertaintiesGAO-21-153: Published: Dec 8, 2020. Publicly Released: Dec 8, 2020.
Nov 19, 2020
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Nuclear Waste Disposal:
Better Planning Needed to Avoid Potential Disruptions at Waste Isolation Pilot PlantGAO-21-48: Published: Nov 19, 2020. Publicly Released: Nov 19, 2020.
Oct 29, 2020
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Nuclear Safety:
DOE and the Safety Board Should Collaborate to Develop a Written Agreement to Enhance OversightGAO-21-141: Published: Oct 29, 2020. Publicly Released: Oct 29, 2020.
Oct 15, 2020
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Nuclear Weapons:
NNSA Plans to Modernize Critical Depleted Uranium Capabilities and Improve Program ManagementGAO-21-16: Published: Oct 15, 2020. Publicly Released: Oct 15, 2020.
Jul 24, 2020
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Nuclear Weapons:
Action Needed to Address the W80-4 Warhead Program's Schedule ConstraintsGAO-20-409: Published: Jul 24, 2020. Publicly Released: Jul 24, 2020.
Jun 24, 2020
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National Nuclear Security Administration:
Analyzing Cost Savings Program Could Result in Wider Use and Additional Contractor EfficienciesGAO-20-451: Published: Jun 24, 2020. Publicly Released: Jun 24, 2020.
Jun 9, 2020
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Nuclear Weapons:
NNSA Needs to Incorporate Additional Management Controls Over Its Microelectronics ActivitiesGAO-20-357: Published: Jun 9, 2020. Publicly Released: Jun 9, 2020.
May 13, 2020
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Environmental Liabilities:
DOE Needs to Better Plan for Post-Cleanup Challenges Facing SitesGAO-20-373: Published: May 13, 2020. Publicly Released: May 13, 2020.
May 12, 2020
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Hanford Waste Treatment Plant:
DOE Is Pursuing Pretreatment Alternatives, but Its Strategy Is Unclear While Costs Continue to RiseGAO-20-363: Published: May 12, 2020. Publicly Released: May 12, 2020.
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