market power
FERC again rejected CAISO’s proposal to change the way generators register their capabilities with the ISO, denying a plan that could allow participants to exercise market power.
FERC proposed to exempt market participants in ISO-NE, MISO, NYISO and PJM from its indicative horizontal market power screens.
FERC ruled CPV must provide additional information to prove it adequately mitigated market power at its newly opened Towantic Energy Center.
As FERC considers changes in its merger policy, panelists at the Energy Bar Association (EBA) discussed the pros and cons of adding tests to determine market power.
PJM and its Independent Market Monitor (IMM) debated the RTO's plan to implement a fuel-cost policy review process in a special three-hour MIC meeting.
Tucson Electric could become the latest Western utility to lose authorization to sell electricity at market-based rates within its balancing authority area.
FERC said it is considering changing how it evaluates market power in electric utility mergers and applications for market-based rate authority.
FERC proposed reducing the amount of ownership information that companies must provide to obtain market-based rate authority.
PJM Market Monitor Joe Bowring said that the RTO must include strong market-power protections in rules allowing generators to change their offers hourly.
FERC approved PJM's Capacity Performance proposal, a dramatic restructuring of the RTO's capacity market.
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