Approval of a settlement as the basis of a new license must be based on substantial evidence1 and must not be arbitrary or capricious. In other words, a settlement must meet the same legal standards as a final decision in a disputed proceeding. If the record does not contain substantial evidence upon which to base a reasoned decision, FERC may establish procedures for the purpose of receiving additional evidence.2
-
See 18 C.F.R.§§ 385.602(g), (h).
-
See 18 C.F.R. § 385.602(h).




