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Ferc backs off on standardisation plans

US interstate energy regulator the Federal Energy Regulatory Commission (Ferc) said in January it would delay its plan for a standard market design (SMD) in the face of opposition from some US states. Ferc says it will issue a white paper on SMD in April in order to accommodate what it called “regional flexibility” – a veiled reference to concerns that the federal plan will take too much power away from state utility bodies.Ferc’s SMD plan aims to create a single tariff for all regional elec