News Digest

Fortnightly Magazine - May 15 2001
This full article is only accessible by current license holders. Please login to view the full content.
Don't have a license yet? Click here to sign up for Public Utilities Fortnightly, and gain access to the entire Fortnightly article database online.

 

News Digest


 

Power Markets

California Market Rules. Calling current power prices "just unreasonable," the California Independent System Operator filed its long-awaited counterproposal for market stabilization (the FERC staff had filed its proposal in March). If approved by the FERC, the new market rules would take the place of price caps ("soft" and "hard"), breakpoints, benchmarks, and all the other artificial price ceilings and guidelines tried recently.

The ISO proposal offers three key features:

This full article is only accessible by current license holders. Please login to view the full content.
Don't have a license yet? Click here to sign up for Public Utilities Fortnightly, and gain access to the entire Fortnightly article database online.