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FERC, Midwest Regulators to Confer on Price Spikes

FERC, Midwest Regulators to Confer on Price Spikes

FERC has announced plans to meet this Friday with Midwest state utility commissioners and officials of the National Association of Regulatory Utility Commissioners (NARUC) to discuss the pricing turmoil that hit the Midwest electricity markets in the last week of June.

The Commission also will hear presentations from officials of the Edison Electric Institute, the American Public Power Association, the Electric Power Supply Association, the Electricity Consumers Resource Council, and the National Rural Electric Cooperatives Association. The meeting will be held from 9 a.m. until 12 noon (CDT) on Aug. 14th at the Rosemont Convention Center, 5555 North River Rd., in Rosemont, IL.

The forum is part of the Commission's continuing probe into the circumstances that led to power prices in the Midwest rising to as high as $7,000 per MWh in late June.

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