December 29, 2015
FERC Says ISO-NE Capacity Market Susceptible To Exercise of Market Power, Orders Use of Zonal Sloped Demand Curves
FERC yesterday issued an order finding that ISO New England Inc.’s (ISO-NE) forward capacity market tariff is unjust, unreasonable, unduly discriminatory or preferential, "because it applies vertical demand curves within constrained zones, which does not sufficiently address concerns such as price…