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Energy Law

: Energy Legal Blog

Western Price Caps Aligned

By Rachael Novier

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FERC has raised the price cap in Western Electricity Coordinating Council (WECC) spot power markets from $400/MWh to $750/MWh, aligning it with the bid cap in place for the California Independent System Operator Corporation (CAISO) spot markets.  FERC also ordered that the WECC cap climb to $1000/MWh on April 1, 2011, when the CAISO price [...]

Full post as published by Energy Legal Blog on October 12, 2010 (boomark / email).

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