The marriage between Exelon and PSEG would create the largest electric utility in the United States. The policy implications could loom even larger, however. Standing at risk is nothing less than...
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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