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Ferc puts market power rules on hold

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The Federal Energy Regulatory Commission (Ferc) is backing away from new regulations for the US electricity market due to pressure from energy companies, says Houston-based Dynegy.

Ferc, the US interstate energy regulator, announced a new standard for assessing the market power of US energy firms on November 20, 2001.

Under the proposal – known as the supply margin assessment (SMA) – companies that control generation capacity that exceeds the peak demand of their operating areas would be

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