Michael Giberson The decision of ComEd, a Chicago-based utility, to join the PJM regional wholesale power market, centered in Pennsylvania, New Jersey, and Maryland a few years ago was always a bit of a stretch. Chicago Business reports on some of the consequences: The decision to join PJM instead of its Midwestern counterpart, commonly known …
Michael Giberson There’s evidence that, because of the repeated auctions, generators can figure out each other’s bidding strategies and when the market has to have their power. If a bidder knows the market has to have some of its power, it can name its price. That’s Marty Schladen, of The Daily News of Galveston, Texas, …
Electric Power Restructuring: Notes from Texas and Washington, D.c. Read More »
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