Items Tagged with 'summer'

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FERC OKs California Grid Changes Due to Gas Storage Limitations

FERC on Thursday approved a group of market changes by the California Independent System Operator (CAISO) to mitigate against risks of power outages this summer due to the closure of the state's largest underground natural gas storage facility in Southern California (see Daily GPIMay 19). As a result, generators in the area are expected to pay more for gas-fired generation this summer. Read More