Con Edison asks FERC to close loopholes that enable New York generators to exercise market power

Market power is the ability of a generator to establish a price on its own, without needing to compete with other suppliers. The modifications outlined in the company’s filing are necessary to protect its more than three million electric customers from price spikes in an uncompetitive wholesale electric marketplace.

By KATHLEEN DAVIS
EL&P Associate Editor

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The Clarion Energy Content Team is made up of editors from various publications, including POWERGRID International, Power Engineering, Renewable Energy World, Hydro Review, Smart Energy International, and Power Engineering International. Contact the content lead for this publication at Jennifer.Runyon@ClarionEvents.com.

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