Flawed Report, Subsequent Debate Should Advance Understanding of Nyiso Market

Michael Giberson In New York, a debate over the NYISO market design initiated by a report by Robert McCullough and committee hearings in the state legislature. The initial McCullough report asserted that the NYISO’s use of a uniform clearing price auction (the report calls it a “market-clearing price auction”, but “uniform clearing price” is technically … More Flawed Report, Subsequent Debate Should Advance Understanding of Nyiso Market