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Energy Law

: Energy Legal Blog

FERC Moves to Raise WECC Spot-Market Price Cap to Match CAISO Cap

By Rachael Novier

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FERC last week launched an effort to raise the price cap in the Western Electricity Coordinating Council (WECC) spot power markets from $400/MWh to $750/MWh, which would align it with the bid cap in place in the California Independent System Operator Corporation (CAISO) spot markets.  Comments on FERC’s proposal are due by June 21, 2010. FERC [...]

Full post as published by Energy Legal Blog on May 25, 2010 (boomark / email).

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