Michael Giberson
Among the comments filed in response to the FERC technical conference on wholesale market competition, were remarks submitted by the District of Columbia Office of the People’s Counsel, Old Dominion Electric Cooperative, Maryland Office of the People’s Counsel, and Pennsylvania Office of Consumer Advocate. (Here is the Energy Legal Blog overview of the technical conference.)
The “Joint Commenters” reviewed 28 studies that assess current RTO/ISO wholesale power markets:
Although the study results differ, it is important to note that they are not useless; there is still tremendous value that can be derived from these conflicting views. Each of the studies is beneficial in identifying areas that require future study. However, these competing studies remind us that we must do our own due diligence and seek to objectively assess success or failure.
So you can do your own due diligence, I have included their list of 28 studies below. Most of these studies can easily be found online.
