FERC inquiry to tackle price distortions

FERC is pursuing the inquiry to remove any potential market distortions created by the difference between the current and future bid caps in the California Independent System Operator (CAISO) energy markets and the spot market price cap in the rest of WECC.

The bid cap in the CAISO market is $750 per megawatt hour (MWh) and is due to automatically increase to $1,000 per MWh on April 1, 2011, unless FERC intervenes. Spot market prices in WECC outside of the CAISO are capped at $400/MWh.

The FERC

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: