Ferc proposes credit reforms

If adopted, the credit practices would be implemented by operators of regional organised markets. In a notice of proposed rulemaking, the Ferc reiterates the need for the electricity industry to follow sound credit practices that promote confidence in competitive markets and limit the potential for future market disruptions.

The Commission has opened at 60-day comment period on the proposals. If implemented, it believes they will reduce the risk of default and the cost of default shared among

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