FERC Filings
COMMENTS OF THE ELECTRIC POWER SUPPLY ASSOCIATION-San Diego Gas & Electric Company -Complainant v. Sellers of Energy and Ancillary Services Into Markets Operated by the California Independent System Operator and the California Power Exchange-Respondents D
- Preface
- THE COMMISSION HAS FASHIONED APPROPRIATE REMEDIES TARGETED TO THE MARKET FLAWS THAT IT IDENTIFIED
- 1. Restrict bids subject to review
- 3. Prescribe a limited period for mitigating bids
- THE COMMISSION GOT IT RIGHT WHEN IDENTIFYING THE CAUSES AND DYNAMICS OF CALIFORNIA’S MARKET PRICES
- THE COMMISSION’S PROPOSAL FOR AN AS-BID AUCTION SHOULD NOT BE UNDERMINED BY A SOFT CAP THAT LACKS CLEAR STANDARDS AND EXPEDITED PROCEDURES FOR ITS APPLICATION
- 2. Articulate clear standards for adjusting transaction prices