A few months back, the Federal Energy Regulatory Commission directed Deutsche Bank Energy Trading LLC to show cause why it shouldn’t be assessed a civil penalty of $1.5 million and be made to...
on whether the shortage exists only in the eastern part of the ISO's control area, or statewide.
Thus, some say that the New York scheme should do a better job of distinguishing between honest economic scarcity rents in areas of true supply deficit, versus high prices in other areas that might well stem from withholding, gaming, or market manipulation.
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