Charging

Utilities Paying $4,000/MWh Request FERC’s Help

Charging “price gouging” and “a raw abuse of market power”several Midwest utilities and power marketers have asked theFederal Energy Regulatory Commission to hold an emergencyconference to find out what went wrong in the Midwest electricmarket last week that forced some to pay as much as $7,500 MWh.

July 2, 1998
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