FERC Again Rejects Price Suppression Argument in Ginna Dispute
Oct 20, 2015
FERC ruled for the third time that an allegation of “price suppression” was outside of the scope of its review of the proposed RSSA for the R.E. Ginna nuclear power plant.
FERC ruled on Thursday for the third time that an allegation of “price suppression” in the capacity market was outside of the scope of an ongoing proceeding to review a proposed agreement to prop up the struggling R.E. Ginna nuclear power plant in New York (ER15-1047).
NYPSC Approves 5.2% Ginna Rate Surcharge.)
Because the rehearing order reaffirmed FERC’s stance on the price suppression issue in its original order on Ginna, “we find that TC Ravenswood’s request for rehearing is improper and we will dismiss it,” the commission said.
– William Opalka